MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Hits New 12-Month Low at $11.85

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.85 and last traded at $11.87, with a volume of 674165 shares traded. The stock had previously closed at $12.38.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The business has a fifty day moving average price of $16.33 and a 200 day moving average price of $23.05. The company has a market capitalization of $8.95 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71.

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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