MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Sees Large Volume Increase

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares saw unusually-strong trading volume on Monday . Approximately 375,343 shares traded hands during trading, a decline of 26% from the previous session’s volume of 508,624 shares.The stock last traded at $17.36 and had previously closed at $17.02.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The stock has a market cap of $12.36 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The firm’s fifty day moving average price is $21.13 and its two-hundred day moving average price is $35.16.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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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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