MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Up 6.9% – What’s Next?

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) shot up 6.9% during mid-day trading on Friday. The company traded as high as $29.46 and last traded at $28.6750. Approximately 411,754 shares traded hands during trading, a decline of 72% from the average session volume of 1,455,202 shares. The stock had previously closed at $26.82.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 4.4%

The firm has a fifty day moving average of $19.84 and a 200-day moving average of $33.76. The firm has a market cap of $699.88 million, a P/E ratio of 12.32 and a beta of -2.17.

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.

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