MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Up to $2.61

MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $2.61, but opened at $2.92. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $2.83, with a volume of 3,029,637 shares changing hands.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The stock has a fifty day simple moving average of $4.15 and a two-hundred day simple moving average of $4.88. The stock has a market capitalization of $2.05 billion and a price-to-earnings ratio of 6.49.

MicroSectors Gold Miners -3x Inverse Leveraged ETN shares are going to reverse split on the morning of Monday, April 29th. The 1-10 reverse split was announced on Monday, April 29th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, April 29th.

About MicroSectors Gold Miners -3x Inverse Leveraged ETN

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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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