MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down to $17.44

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 $17.44, but opened at $16.50. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $16.47, with a volume of 269,317 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 8.5 %

The stock’s 50-day moving average price is $17.35 and its 200-day moving average price is $26.50. The stock has a market cap of $13.29 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71.

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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