MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s stock price traded down 8.2% during trading on Thursday . The company traded as low as $2.56 and last traded at $2.56. 6,117,790 shares traded hands during trading, an increase of 62% from the average session volume of 3,769,896 shares. The stock had previously closed at $2.79.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance
The firm has a market capitalization of $1.80 billion and a P/E ratio of 6.49. The business’s 50-day moving average is $3.95 and its 200 day moving average is $4.82.
Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN are going to reverse split on the morning of Monday, April 29th. The 1-10 reverse split was announced on Monday, April 29th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, April 29th.
About MicroSectors Gold Miners -3x Inverse Leveraged ETN
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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