MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading 6.9% Higher – What’s Next?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price was up 6.9% on Monday . The company traded as high as $8.95 and last traded at $8.66. Approximately 1,061,914 shares were traded during trading, a decline of 17% from the average daily volume of 1,284,920 shares. The stock had previously closed at $8.10.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The company has a market capitalization of $6.01 billion, a P/E ratio of 14.59 and a beta of -2.71. The company has a 50 day moving average of $8.66 and a 200-day moving average of $11.79.

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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