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

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $50.29, but opened at $48.50. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $48.3760, with a volume of 61,613 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Up 14.6%

The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 12.32 and a beta of -2.02. The business has a 50 day moving average price of $38.28 and a 200-day moving average price of $54.54.

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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