MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Up 7.9% – Should You Buy?

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) were up 7.9% on Thursday . The stock traded as high as $10.00 and last traded at $10.08. Approximately 302,762 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 1,357,014 shares. The stock had previously closed at $9.34.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 1.3 %

The firm has a market capitalization of $7.44 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The stock has a fifty day moving average price of $12.32 and a 200-day moving average price of $13.21.

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.

Featured 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.