MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares rose 10.3% on Tuesday . The stock traded as high as $31.80 and last traded at $31.59. Approximately 287,360 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 719,469 shares. The stock had previously closed at $28.63.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The stock has a market cap of $22.31 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79. The firm’s fifty day moving average price is $36.00 and its two-hundred day moving average price is $41.15.
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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