MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – What’s Next?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $29.79, but opened at $30.65. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $30.76, with a volume of 351,524 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The company has a market cap of $22.75 billion, a PE ratio of 24.08 and a beta of 2.79. The business has a 50 day moving average of $35.49 and a 200 day moving average of $41.12.

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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