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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $17.14, but opened at $16.34. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $15.78, with a volume of 211,009 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 3.2 %

The firm has a fifty day moving average of $14.28 and a 200-day moving average of $15.49. The stock has a market capitalization of $11.21 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

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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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