MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) traded down 5.8% during mid-day trading on Wednesday . The company traded as low as $15.97 and last traded at $15.97. 238,806 shares changed hands during trading, a decline of 53% from the average session volume of 509,496 shares. The stock had previously closed at $16.95.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 2.5 %
The company has a market capitalization of $13.47 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The firm has a 50-day moving average price of $20.76 and a 200-day moving average price of $34.52.
About MicroSectors Gold Miners -3x Inverse Leveraged ETN
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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