MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Sees Strong Trading Volume – Here’s Why

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares saw unusually-high trading volume on Friday . Approximately 1,159,762 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 1,012,009 shares.The stock last traded at $25.6220 and had previously closed at $31.94.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The company has a market cap of $628.75 million, a P/E ratio of 12.32 and a beta of -2.15. The company has a fifty day simple moving average of $46.21 and a 200-day simple moving average of $41.96.

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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