Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) dropped 5.2% during mid-day trading on Wednesday . The company traded as low as $8.81 and last traded at $8.63. Approximately 1,166,620 shares changed hands during mid-day trading, an increase of 17% from the average daily volume of 1,000,951 shares. The stock had previously closed at $9.10.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 4.2 %
The firm has a market capitalization of $6.36 billion, a P/E ratio of 62.23 and a beta of -2.71. The firm’s 50-day simple moving average is $13.63 and its 200-day simple moving average is $14.00.
About MicroSectors Gold Miners -3x Inverse Leveraged ETN
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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