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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $12.39, but opened at $12.85. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $13.01, with a volume of 212,793 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The firm’s 50-day moving average price is $14.43 and its two-hundred day moving average price is $14.59. The stock has a market cap of $8.75 billion, a price-to-earnings 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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