MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares were up 5.7% on Monday . The company traded as high as $41.70 and last traded at $41.42. Approximately 201,837 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 827,190 shares. The stock had previously closed at $39.18.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The business’s fifty day simple moving average is $33.40 and its two-hundred day simple moving average is $40.51. The company has a market cap of $30.59 billion, a PE ratio of 24.08 and a beta of 2.79.
About MicroSectors Gold Miners 3x Leveraged ETN
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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