Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) dropped 4.2% on Friday . The stock traded as low as $12.51 and last traded at $12.61. Approximately 144,570 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 581,549 shares. The stock had previously closed at $13.16.
MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 4.0 %
The company has a market cap of $9.21 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The firm has a 50 day moving average price of $16.46 and a two-hundred day moving average price of $23.68.
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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