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)’s share price gapped down before the market opened on Monday . The stock had previously closed at $14.33, but opened at $12.89. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $12.00, with a volume of 378,915 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 0.4 %

The firm has a market capitalization of $9.41 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71. The company has a fifty day moving average price of $12.84 and a two-hundred day moving average price of $16.25.

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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