MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Down 18.4% – Time to Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) traded down 18.4% during trading on Wednesday. The stock traded as low as $23.78 and last traded at $24.8930. Approximately 870,517 shares changed hands during trading, a decline of 40% from the average session volume of 1,454,050 shares. The stock had previously closed at $30.52.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The business’s 50 day moving average is $21.18 and its two-hundred day moving average is $35.78. The firm has a market capitalization of $561.52 million, a PE ratio of 12.32 and a beta of -2.21.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

(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.

Read More

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.