MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading 4.5% Higher – Time to Buy?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares shot up 4.5% during mid-day trading on Thursday . The company traded as high as $3.96 and last traded at $3.95. 1,974,348 shares were traded during mid-day trading, an increase of 22% from the average session volume of 1,621,998 shares. The stock had previously closed at $3.78.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 4.9 %

The firm has a 50 day moving average of $7.69 and a two-hundred day moving average of $11.36. The company has a market cap of $2.89 billion, a PE ratio of 14.59 and a beta of -2.71.

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.

Recommended 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.