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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $22.71, but opened at $24.63. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $25.4650, with a volume of 492,176 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The stock has a 50 day simple moving average of $19.98 and a two-hundred day simple moving average of $34.37. The company has a market cap of $561.50 million, a price-to-earnings ratio of 12.32 and a beta of -2.17.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

(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.

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