MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Up 4.5% – Here’s What Happened

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) rose 4.5% during mid-day trading on Thursday . The company traded as high as $3.96 and last traded at $3.95. Approximately 1,974,348 shares were traded during trading, an increase of 22% from the average daily volume of 1,621,998 shares. The stock had previously closed at $3.78.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The company’s 50 day moving average is $7.49 and its 200 day moving average is $11.24. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 14.59 and a beta of -2.71.

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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