MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Up 6.9% – Here’s What Happened

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price shot up 6.9% during mid-day trading on Monday . The stock traded as high as $37.78 and last traded at $37.8490. 380,472 shares were traded during trading, a decline of 70% from the average session volume of 1,274,425 shares. The stock had previously closed at $35.41.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The stock has a market cap of $1.13 billion, a P/E ratio of 12.32 and a beta of -2.24. The firm’s 50-day moving average price is $38.37 and its 200-day moving average price is $79.17.

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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