MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Up 3.2% – Here’s Why

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price traded up 3.2% during mid-day trading on Thursday . The company traded as high as $3.33 and last traded at $3.18. 11,435,320 shares were traded during trading, an increase of 188% from the average session volume of 3,966,256 shares. The stock had previously closed at $3.08.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The stock has a market cap of $82.68 million, a P/E ratio of 12.32 and a beta of -2.44. The company’s 50 day moving average price is $3.38 and its 200-day moving average price is $6.89.

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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