MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down – Should You Sell?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $14.33, but opened at $12.89. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $12.00, with a volume of 378,915 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The company has a market capitalization of $9.04 billion, a P/E ratio of 62.23 and a beta of -2.71. The company has a 50-day simple moving average of $12.82 and a 200 day simple moving average of $16.38.

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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