MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Stock Jumps 4.5% – Should You Buy?

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) traded up 4.5% on Tuesday. The stock traded as high as $22.69 and last traded at $22.6490. 393,294 shares were traded during trading, a decline of 73% from the average session volume of 1,448,452 shares. The stock had previously closed at $21.67.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 13.5%

The stock has a fifty day moving average of $20.17 and a 200-day moving average of $34.59. The firm has a market capitalization of $644.25 million, a P/E ratio of 12.32 and a beta of -2.17.

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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