MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Set to Reverse Split on Wednesday, October 22nd

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD)’s stock is going to reverse split on the morning of Wednesday, October 22nd. The 1-20 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, October 21st.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 13.1%

GDXD stock opened at $0.74 on Tuesday. The company has a market cap of $41.44 million, a P/E ratio of 12.32 and a beta of -2.44. MicroSectors Gold Miners -3x Inverse Leveraged ETN has a 52 week low of $0.73 and a 52 week high of $17.98. The company’s 50-day moving average price is $1.46 and its 200 day moving average price is $3.06.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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.