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

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $11.76, but opened at $12.52. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $12.47, with a volume of 241,114 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The company has a fifty day moving average price of $12.85 and a 200 day moving average price of $16.14. The company has a market capitalization of $10.38 billion, a P/E 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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