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

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $18.73, but opened at $19.33. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $20.0980, with a volume of 728,129 shares traded.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Trading Up 6.0%

The stock has a market capitalization of $496.27 million, a P/E ratio of 12.32 and a beta of -2.26. The firm’s fifty day moving average is $27.95 and its 200-day moving average is $37.25.

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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