MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) was down 11% on Monday . The company traded as low as $14.65 and last traded at $14.74. Approximately 166,591 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 703,908 shares. The stock had previously closed at $16.56.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 12.7 %
The business has a 50-day simple moving average of $12.75 and a two-hundred day simple moving average of $17.33. The stock has a market capitalization of $10.54 billion, a P/E ratio of 62.23 and a beta of -2.71.
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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