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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s share price gapped down prior to trading on Monday. The stock had previously closed at $31.11, but opened at $28.89. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $27.3480, with a volume of 287,354 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 11.6%

The stock has a market cap of $687.48 million, a P/E ratio of 12.32 and a beta of -2.17. The company has a 50-day simple moving average of $20.60 and a two-hundred day simple moving average of $36.07.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

(Get Free Report)

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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