MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Up – Time to Buy?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $24.11, but opened at $25.39. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $25.7710, with a volume of 618,259 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The company’s 50-day moving average is $45.33 and its 200 day moving average is $41.39. The company has a market capitalization of $661.02 million, a PE ratio of 12.32 and a beta of -2.15.

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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