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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $8.64, but opened at $8.84. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $8.52, with a volume of 222,712 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The firm has a market cap of $6.35 billion, a PE ratio of 25.34 and a beta of -2.71. The company’s 50 day moving average price is $11.90 and its 200 day moving average price is $13.03.

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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