MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Stock Price Up 8.3% – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price rose 8.3% on Tuesday . The stock traded as high as $36.26 and last traded at $36.46. Approximately 161,615 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 980,328 shares. The stock had previously closed at $33.66.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 0.4 %

The firm has a 50-day moving average price of $33.32 and a 200 day moving average price of $40.93. The firm has a market capitalization of $25.94 billion, a PE ratio of 24.08 and a beta of 2.79.

About MicroSectors Gold Miners 3x Leveraged ETN

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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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