MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $31.97, but opened at $34.76. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $35.42, with a volume of 591,553 shares traded.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 6.6 %

The company has a fifty day moving average price of $47.18 and a two-hundred day moving average price of $42.45. The firm has a market cap of $28.09 billion, a P/E ratio of 24.08 and a beta of 2.79.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

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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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