MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Sees Unusually-High Trading Volume – Here’s Why

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) saw strong trading volume on Friday . 1,898,193 shares changed hands during trading, an increase of 70% from the previous session’s volume of 1,115,926 shares.The stock last traded at $6.13 and had previously closed at $6.28.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 0.6 %

The stock has a market cap of $4.61 billion, a P/E ratio of 11.89 and a beta of -2.71. The firm’s fifty day moving average is $9.38 and its 200 day moving average is $12.17.

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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