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

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $51.41, but opened at $54.27. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $55.5830, with a volume of 147,087 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 11.1%

The company has a market cap of $1.43 billion, a P/E ratio of 12.32 and a beta of -2.15. The stock’s 50-day moving average price is $43.36 and its 200 day moving average price is $44.78.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

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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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