MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Down 5.3% – Here’s Why

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price fell 5.3% on Monday . The stock traded as low as $10.26 and last traded at $10.45. 542,532 shares were traded during trading, a decline of 28% from the average session volume of 758,312 shares. The stock had previously closed at $11.04.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 5.9 %

The stock has a market capitalization of $7.58 billion, a PE ratio of 62.23 and a beta of -2.71. The business’s 50-day moving average is $14.25 and its two-hundred day moving average is $14.39.

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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