MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Down 5.3% – Should You Sell?

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) traded down 5.3% on Wednesday . The company traded as low as $42.50 and last traded at $42.4830. 209,533 shares were traded during trading, a decline of 83% from the average session volume of 1,203,677 shares. The stock had previously closed at $44.86.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 12.32 and a beta of -2.00. The business’s 50-day moving average price is $40.40 and its two-hundred day moving average price is $66.05.

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.

Recommended Stories

Receive News & Ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.