MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXD) Shares Gap Down to $2.52

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN (NYSEARCA:GDXDGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $2.52, but opened at $2.44. MicroSectors Gold Miners -3x Inverse Leveraged ETN shares last traded at $2.45, with a volume of 1,093,808 shares.

MicroSectors Gold Miners -3x Inverse Leveraged ETN Stock Performance

The firm has a market capitalization of $1.80 billion and a price-to-earnings ratio of 6.49. The business has a fifty day moving average of $4.01 and a two-hundred day moving average of $4.85.

Shares of MicroSectors Gold Miners -3x Inverse Leveraged ETN are going to reverse split before the market opens on 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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