MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Down 4.5% – Here’s What Happened

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) dropped 4.5% during trading on Friday . The stock traded as low as $11.83 and last traded at $11.89. Approximately 193,479 shares traded hands during trading, a decline of 68% from the average daily volume of 599,927 shares. The stock had previously closed at $12.45.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 4.5 %

The stock has a 50 day simple moving average of $14.52 and a two-hundred day simple moving average of $14.64. The stock has a market capitalization of $8.67 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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