MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Here’s What Happened

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $63.12, but opened at $60.88. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $61.17, with a volume of 137,756 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The business has a fifty day moving average price of $47.22 and a 200 day moving average price of $41.56. The company has a market cap of $40.54 billion, a price-to-earnings 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.

See Also

Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.