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 share price gapped up prior to trading on Wednesday . The stock had previously closed at $52.58, but opened at $58.30. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $55.3420, with a volume of 328,008 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The business’s fifty day moving average price is $38.13 and its two-hundred day moving average price is $55.25. The stock has a market capitalization of $1.45 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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