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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $10.33, but opened at $10.85. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $11.00, with a volume of 455,174 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The company’s fifty day moving average price is $12.44 and its 200-day moving average price is $13.26. The stock has a market cap of $7.44 billion, a P/E 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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