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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $53.10, but opened at $49.15. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $51.00, with a volume of 193,711 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The stock has a fifty day simple moving average of $39.64 and a two-hundred day simple moving average of $49.23. The stock has a market cap of $1.22 billion, a PE ratio of 12.32 and a beta of -2.02.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Company Profile

(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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