MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Up – Still a Buy?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $30.05, but opened at $31.13. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $31.2560, with a volume of 557,624 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The firm has a market capitalization of $782.95 million, a PE ratio of 12.32 and a beta of -2.24. The business’s 50 day moving average is $38.60 and its two-hundred day moving average is $85.52.

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.

Further Reading

Receive News & Ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.