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 Thursday . The stock had previously closed at $12.09, but opened at $11.33. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $10.84, with a volume of 427,907 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The stock has a fifty day moving average price of $14.25 and a two-hundred day moving average price of $14.40. The firm has a market capitalization of $8.05 billion, a P/E 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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