MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down – Should You Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $6.81, but opened at $6.46. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $6.55, with a volume of 1,044,185 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The business has a 50-day moving average of $10.58 and a two-hundred day moving average of $12.67. The company has a market cap of $4.82 billion, a P/E ratio of 25.34 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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