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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $26.19, but opened at $25.00. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $23.9260, with a volume of 512,749 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Down 4.7%

The stock has a market cap of $624.17 million, a PE ratio of 12.32 and a beta of -2.15. The company’s 50 day moving average is $45.06 and its 200-day moving average is $41.28.

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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