MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Up 4.2% – What’s Next?

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) were up 4.2% during mid-day trading on Monday . The stock traded as high as $17.21 and last traded at $17.15. Approximately 103,157 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 698,708 shares. The stock had previously closed at $16.46.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 0.8 %

The stock has a 50-day moving average of $13.11 and a 200 day moving average of $15.88. The company has a market capitalization of $12.10 billion, a PE ratio of 62.23 and a beta of -2.71.

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.