MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Hits New 1-Year Low – Here’s What Happened

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as $5.02 and last traded at $5.23, with a volume of 17556311 shares trading hands. The stock had previously closed at $6.15.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 15.0 %

The company has a market cap of $3.81 billion, a price-to-earnings ratio of 14.59 and a beta of -2.71. The business’s fifty day simple moving average is $8.12 and its two-hundred day simple moving average is $11.57.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.