MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down – Time to Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $14.34, but opened at $13.90. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $13.89, with a volume of 134,880 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The stock has a market capitalization of $10.03 billion, a PE ratio of 62.23 and a beta of -2.71. The company’s 50 day moving average price is $12.68 and its two-hundred day moving average price is $17.24.

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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