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

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $22.71, but opened at $24.63. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $25.4650, with a volume of 492,176 shares trading hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The stock’s 50-day moving average is $20.29 and its 200 day moving average is $34.83. The firm has a market cap of $635.95 million, a P/E ratio of 12.32 and a beta of -2.17.

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.

Featured Stories

• Five stocks we like better than MicroSectors Gold Miners -3x Inverse Leveraged ETN
• Birkenstock’s Strong Growth Creates a Buying Opportunity
• High Voltage Returns: Navitas Rewires AI Data Centers
• Quantum BioPharma’s Phase 2 Shows Where Biotech Value Actually Gets Built
• Albertsons Is Betting on a Turnaround—But Will It Pay Off?