MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s share price dropped 10.6% on Tuesday . The company traded as low as $14.20 and last traded at $14.29. Approximately 84,042 shares changed hands during trading, a decline of 77% from the average daily volume of 360,049 shares. The stock had previously closed at $15.99.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 6.8 %
The company’s 50-day moving average is $14.55 and its 200-day moving average is $15.27. The firm has a market cap of $10.42 billion, a price-to-earnings 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.
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