MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Up 4%

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price shot up 4% during trading on Wednesday . The company traded as high as $17.78 and last traded at $17.59. 378,605 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 530,195 shares. The stock had previously closed at $16.92.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The firm has a market cap of $12.56 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The company has a 50 day moving average price of $20.16 and a 200 day moving average price of $31.26.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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The MicroSectors Gold Miners -3X Inverse Leveraged ETNs (GDXD) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily inverse leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXD was launched on Dec 7, 2020 and is issued by REX Microsectors.

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