MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading 8.4% Higher

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price rose 8.4% during trading on Thursday . The company traded as high as $40.30 and last traded at $39.92. Approximately 625,452 shares were traded during trading, a decline of 49% from the average daily volume of 1,222,505 shares. The stock had previously closed at $36.81.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The business has a 50 day moving average of $31.75 and a 200 day moving average of $28.67. The company has a market cap of $29.90 billion, a PE ratio of 24.08 and a beta of 2.79.

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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