MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading 4.4% Higher – Here’s What Happened

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price shot up 4.4% during trading on Monday . The stock traded as high as $9.04 and last traded at $9.01. 433,206 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 1,686,799 shares. The stock had previously closed at $8.63.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 10.5 %

The company has a market cap of $6.96 billion, a P/E ratio of 25.34 and a beta of -2.71. The business’s 50 day moving average is $11.59 and its 200 day moving average is $12.95.

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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