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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s share price gapped down before the market opened on Friday. The stock had previously closed at $23.06, but opened at $21.90. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $21.7190, with a volume of 665,845 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The stock has a fifty day simple moving average of $24.17 and a 200-day simple moving average of $36.61. The company has a market capitalization of $578.35 million, a price-to-earnings ratio of 12.32 and a beta of -2.17.

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.

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