MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading Up 5.2% – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s stock price was up 5.2% during trading on Thursday . The stock traded as high as $59.11 and last traded at $58.30. Approximately 213,401 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 913,245 shares. The stock had previously closed at $55.42.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 6.3 %

The firm has a market cap of $42.97 billion, a P/E ratio of 26.56 and a beta of 2.79. The company’s fifty day moving average price is $44.64 and its two-hundred day moving average price is $42.10.

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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