MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Up 7.9% – What’s Next?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) shares traded up 7.9% during trading on Wednesday . The company traded as high as $42.16 and last traded at $41.61. 301,744 shares were traded during mid-day trading, a decline of 71% from the average session volume of 1,040,625 shares. The stock had previously closed at $38.57.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 7.1 %

The firm has a market cap of $30.13 billion, a PE ratio of 24.08 and a beta of 2.79. The business has a fifty day moving average price of $43.87 and a 200 day moving average price of $42.02.

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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