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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $31.11, but opened at $28.89. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $27.3480, with a volume of 287,354 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 6.0%

The firm has a market cap of $763 million, a PE ratio of 12.32 and a beta of -2.21. The company’s 50-day moving average is $21.18 and its 200 day moving average is $35.78.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

(Get Free Report)

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.

Further Reading

Receive News & Ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.