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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $44.82, but opened at $42.22. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $40.3290, with a volume of 158,668 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Down 9.5%

The firm has a market capitalization of $1.01 billion, a P/E ratio of 12.32 and a beta of -2.15. The business’s 50 day moving average is $46.67 and its two-hundred day moving average is $42.56.

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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