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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $11.76, but opened at $12.52. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $12.47, with a volume of 241,114 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 8.8 %

The firm’s 50-day simple moving average is $12.85 and its 200 day simple moving average is $16.14. The stock has a market cap of $10.38 billion, a P/E 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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