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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $35.57, but opened at $36.94. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $37.29, with a volume of 179,326 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The stock has a fifty day simple moving average of $33.38 and a 200 day simple moving average of $40.89. The firm has a market cap of $27.26 billion, a P/E ratio of 24.08 and a beta of 2.79.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

(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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