MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Down 0.1% – Time to Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) was down 0.1% during mid-day trading on Tuesday . The company traded as low as $0.92 and last traded at $0.96. Approximately 21,728,505 shares were traded during trading, an increase of 158% from the average daily volume of 8,419,839 shares. The stock had previously closed at $0.96.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The company has a market capitalization of $960,000.00, a PE ratio of 12.32 and a beta of -2.44. The business’s 50-day moving average is $2.04 and its 200-day moving average is $3.71.

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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