MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) fell 6.7% on Friday . The company traded as low as $52.93 and last traded at $53.55. 228,952 shares traded hands during trading, a decline of 75% from the average session volume of 924,427 shares. The stock had previously closed at $57.42.
MicroSectors Gold Miners 3x Leveraged ETN Trading Down 5.4 %
The stock has a 50-day simple moving average of $42.79 and a two-hundred day simple moving average of $41.62. The firm has a market capitalization of $39.62 billion, a P/E ratio of 26.56 and a beta of 2.79.
About MicroSectors Gold Miners 3x Leveraged ETN
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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