MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Down 10.3% – Should You Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares traded down 10.3% during trading on Monday . The stock traded as low as $28.70 and last traded at $29.10. 934,707 shares were traded during mid-day trading, a decline of 29% from the average session volume of 1,319,541 shares. The stock had previously closed at $32.43.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The stock has a fifty day simple moving average of $57.94 and a 200-day simple moving average of $158.81. The stock has a market cap of $16.88 million, a P/E ratio of 12.32 and a beta of -2.01.

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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