MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Down 2.5% – What’s Next?

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) fell 2.5% on Thursday . The company traded as low as $15.99 and last traded at $16.11. 92,322 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 694,715 shares. The stock had previously closed at $16.52.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The company has a fifty day moving average of $13.38 and a 200-day moving average of $15.80. The firm has a market cap of $11.92 billion, a P/E ratio of 62.23 and a beta of -2.71.

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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