MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down to $23.26

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $23.26, but opened at $22.11. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $20.75, with a volume of 246,530 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 11.6 %

The company has a 50 day simple moving average of $22.94 and a 200-day simple moving average of $37.00. The stock has a market capitalization of $14.99 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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