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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $9.33, but opened at $8.88. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $9.07, with a volume of 487,696 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 3.4 %

The business has a fifty day moving average of $13.18 and a 200 day moving average of $13.69. The firm has a market cap of $6.57 billion, a P/E ratio of 62.23 and a beta of -2.71.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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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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