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 stock price gapped up prior to trading on Wednesday. The stock had previously closed at $21.99, but opened at $24.22. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $24.2560, with a volume of 731,156 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 9.2%

The firm has a market cap of $600.50 million, a price-to-earnings ratio of 12.32 and a beta of -2.17. The company’s 50-day moving average is $22.65 and its 200-day moving average is $36.12.

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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