MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down – What’s Next?

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $45.95, but opened at $38.24. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $34.5820, with a volume of 486,744 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 23.4%

The stock has a market capitalization of $879.68 million, a P/E ratio of 12.32 and a beta of -2.00. The stock has a 50 day moving average of $38.95 and a 200-day moving average of $77.05.

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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