MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Up 9% – Should You Buy?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shot up 9% during trading on Thursday . The company traded as high as $11.71 and last traded at $11.71. 472,104 shares were traded during trading, a decline of 31% from the average session volume of 688,537 shares. The stock had previously closed at $10.74.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 8.8 %

The stock has a 50 day simple moving average of $13.19 and a 200-day simple moving average of $18.50. The firm has a market cap of $8.52 billion, a PE ratio of 62.23 and a beta of -2.71.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

(Get Free Report)

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.

Further Reading

Receive News & Ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.