MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Down 7%

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price traded down 7% during mid-day trading on Wednesday . The stock traded as low as $16.50 and last traded at $16.62. 140,096 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 514,572 shares. The stock had previously closed at $17.87.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 6.4 %

The company has a fifty day simple moving average of $20.51 and a two-hundred day simple moving average of $33.47. The stock has a market capitalization of $13.49 billion, a P/E ratio of 62.23 and a beta of -2.71.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

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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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