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) shares gapped up before the market opened on Wednesday . The stock had previously closed at $37.36, but opened at $39.31. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $40.59, with a volume of 366,173 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The company’s 50 day moving average price is $39.69 and its 200-day moving average price is $59.36. The stock has a market cap of $1.01 billion, a P/E ratio of 12.32 and a beta of -2.00.

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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