MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Down 4.1% – Should You Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares dropped 4.1% during trading on Friday . The company traded as low as $16.44 and last traded at $16.44. Approximately 87,143 shares were traded during trading, a decline of 88% from the average daily volume of 699,739 shares. The stock had previously closed at $17.15.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The stock has a market cap of $12.00 billion, a P/E ratio of 62.23 and a beta of -2.71. The business’s 50 day simple moving average is $13.11 and its 200 day simple moving average is $15.97.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.