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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $4.29, but opened at $4.18. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $4.18, with a volume of 2,611,570 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 2.2 %

The company has a fifty day moving average price of $7.91 and a two-hundred day moving average price of $11.47. The firm has a market capitalization of $3.06 billion, a price-to-earnings ratio of 14.59 and a beta of -2.71.

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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