MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down – What’s Next?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $53.10, but opened at $49.15. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $51.00, with a volume of 193,711 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 5.6%

The firm has a market capitalization of $1.19 billion, a P/E ratio of 12.32 and a beta of -2.02. The stock’s 50-day simple moving average is $40.35 and its 200-day simple moving average is $48.80.

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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