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

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $14.23, but opened at $13.87. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $14.33, with a volume of 175,564 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Price Performance

The firm has a market capitalization of $10.79 billion, a PE ratio of 62.23 and a beta of -2.71. The firm has a 50-day simple moving average of $12.89 and a 200-day simple moving average of $15.99.

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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