MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Down 2.3% – Should You Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price fell 2.3% during mid-day trading on Friday . The company traded as low as $7.17 and last traded at $7.38. 1,196,570 shares were traded during trading, a decline of 35% from the average session volume of 1,827,644 shares. The stock had previously closed at $7.55.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 3.3 %

The company has a market cap of $5.32 billion, a P/E ratio of 25.34 and a beta of -2.71. The business has a fifty day moving average price of $10.76 and a 200-day moving average price of $12.74.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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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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