MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Trading Down 2.9% – Here’s What Happened

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) fell 2.9% during trading on Tuesday . The company traded as low as $14.47 and last traded at $14.54. 97,328 shares changed hands during trading, a decline of 77% from the average session volume of 429,094 shares. The stock had previously closed at $14.98.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 8.5 %

The company has a market cap of $10.00 billion, a PE ratio of 62.23 and a beta of -2.71. The stock has a 50-day simple moving average of $14.71 and a 200 day simple moving average of $15.03.

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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