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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $15.70, but opened at $15.24. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $15.69, with a volume of 188,030 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The stock has a market capitalization of $11.89 billion, a P/E ratio of 62.23 and a beta of -2.71. The stock has a 50-day simple moving average of $12.81 and a 200 day simple moving average of $17.54.

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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