MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Stock Price Up 6.1% – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s stock price was up 6.1% on Thursday . The stock traded as high as $49.47 and last traded at $48.92. Approximately 257,864 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 785,587 shares. The stock had previously closed at $46.10.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 7.5 %

The firm’s 50 day moving average price is $35.67 and its two-hundred day moving average price is $40.91. The company has a market capitalization of $36.15 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79.

About MicroSectors Gold Miners 3x Leveraged ETN

(Get Free Report)

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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