MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Sees Strong Trading Volume

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 2,792,240 shares were traded during mid-day trading, a decline of 24% from the previous session’s volume of 3,677,077 shares.The stock last traded at $2.86 and had previously closed at $2.90.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The stock has a 50 day moving average price of $4.08 and a two-hundred day moving average price of $4.87. The firm has a market capitalization of $2.03 billion and a price-to-earnings ratio of 6.49.

MicroSectors Gold Miners -3x Inverse Leveraged ETN’s stock is scheduled to reverse split on Monday, April 29th. The 1-10 reverse split was announced on Monday, April 29th. The number of shares owned by shareholders will be adjusted after the market closes on Monday, April 29th.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

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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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