MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s share price dropped 7.5% during trading on Friday . The stock traded as low as $46.24 and last traded at $46.7710. Approximately 256,954 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 1,130,921 shares. The stock had previously closed at $50.55.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance
The stock has a market cap of $1.14 billion, a P/E ratio of 12.32 and a beta of -2.02. The company’s 50 day moving average price is $40.05 and its 200-day moving average price is $48.80.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile
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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