Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) shot up 4.5% during mid-day trading on Tuesday. The company traded as high as $22.69 and last traded at $22.6490. 393,294 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 1,448,452 shares. The stock had previously closed at $21.67.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 5.6%
The company has a market capitalization of $572.27 million, a P/E ratio of 12.32 and a beta of -2.17. The business’s 50-day simple moving average is $20.67 and its 200 day simple moving average is $35.04.
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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