MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Up – Time to Buy?

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $17.24, but opened at $19.25. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $20.2340, with a volume of 1,617,884 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 16.7%

The stock’s 50-day moving average price is $21.56 and its 200-day moving average price is $35.12. The stock has a market cap of $502.95 million, a price-to-earnings ratio of 12.32 and a beta of -2.21.

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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