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 Monday . The stock had previously closed at $39.77, but opened at $42.49. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $41.5270, with a volume of 258,574 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The company has a 50 day simple moving average of $39.22 and a 200-day simple moving average of $49.63. The stock has a market cap of $1.19 billion, a P/E ratio of 12.32 and a beta of -2.02.

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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