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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price rose 4.2% on Monday . The company traded as high as $17.21 and last traded at $17.15. Approximately 103,157 shares traded hands during 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 Performance

The company has a market cap of $12.10 billion, a PE ratio of 62.23 and a beta of -2.71. The company’s 50 day moving average price is $13.11 and its 200-day moving average price is $15.88.

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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