MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Up – Still a Buy?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $8.64, but opened at $8.84. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $8.52, with a volume of 222,712 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 0.8 %

The business’s 50-day simple moving average is $11.90 and its 200-day simple moving average is $13.03. The stock has a market cap of $6.35 billion, a PE ratio of 25.34 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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