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

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $11.88, but opened at $13.67. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $13.40, with a volume of 372,446 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 11.0 %

The stock has a fifty day moving average price of $12.99 and a 200-day moving average price of $18.00. The firm has a market capitalization of $9.62 billion, a price-to-earnings ratio of 62.23 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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