MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Price Down 10.6% – Should You Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price was down 10.6% during trading on Tuesday . The company traded as low as $14.20 and last traded at $14.29. Approximately 84,042 shares changed hands during trading, a decline of 77% from the average daily volume of 360,049 shares. The stock had previously closed at $15.99.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 6.8 %

The company has a market cap of $10.42 billion, a P/E ratio of 62.23 and a beta of -2.71. The firm’s 50 day moving average is $14.55 and its two-hundred day moving average is $15.27.

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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