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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $14.13, but opened at $13.70. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $13.41, with a volume of 92,227 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 1.3 %

The stock’s 50 day moving average price is $12.59 and its 200-day moving average price is $16.76. The stock has a market capitalization of $10.17 billion, a PE 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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