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

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) gapped down before the market opened on Tuesday . The stock had previously closed at $9.33, but opened at $8.88. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $9.07, with a volume of 487,696 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 3.4 %

The firm has a market capitalization of $6.57 billion, a P/E ratio of 62.23 and a beta of -2.71. The stock has a fifty day moving average of $13.18 and a 200-day moving average of $13.69.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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.