MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Up 1.7% – Here’s What Happened

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD)’s share price shot up 1.7% during mid-day trading on Tuesday . The company traded as high as $43.98 and last traded at $43.08. 630,513 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 1,273,128 shares. The stock had previously closed at $42.37.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 18.0%

The stock’s 50-day simple moving average is $42.23 and its two-hundred day simple moving average is $116.40. The company has a market capitalization of $35.07 million, a price-to-earnings ratio of 12.32 and a beta of -2.01.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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.