MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) shot up 15.7% during mid-day trading on Friday. The stock traded as high as $30.98 and last traded at $30.9960. Approximately 800,863 shares traded hands during trading, a decline of 45% from the average daily volume of 1,453,634 shares. The stock had previously closed at $26.80.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 16.1%
The company has a market cap of $777.95 million, a price-to-earnings ratio of 12.32 and a beta of -2.17. The firm has a 50-day simple moving average of $20.32 and a 200 day simple moving average of $36.21.
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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