MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s share price rose 4.7% on Wednesday . The stock traded as high as $53.41 and last traded at $51.86. Approximately 364,214 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 1,026,083 shares. The stock had previously closed at $49.53.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The stock has a market capitalization of $38.37 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79. The company’s 50-day simple moving average is $45.21 and its 200-day simple moving average is $40.70.
MicroSectors Gold Miners 3x Leveraged ETN Company Profile
The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.
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