MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Scheduled to Reverse Split on Monday, February 9th

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) shares are set to reverse split before the market opens on Monday, February 9th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, February 8th.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 37.5%

NYSEARCA GDXD opened at $5.46 on Friday. The firm’s 50 day simple moving average is $7.94 and its 200 day simple moving average is $22.03. The firm has a market capitalization of $31.67 million, a price-to-earnings ratio of 12.32 and a beta of -2.01. MicroSectors Gold Miners -3x Inverse Leveraged ETN has a 1 year low of $3.42 and a 1 year high of $223.80.

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.