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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $16.38, but opened at $16.95. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $16.81, with a volume of 71,762 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The company has a fifty day simple moving average of $13.62 and a 200 day simple moving average of $15.70. The stock has a market capitalization of $12.21 billion, a price-to-earnings ratio of 62.23 and a beta of -2.71.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

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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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