Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) traded down 7.9% during trading on Thursday . The company traded as low as $40.65 and last traded at $40.23. 106,614 shares traded hands during trading, a decline of 86% from the average session volume of 765,735 shares. The stock had previously closed at $43.68.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The business’s 50 day simple moving average is $37.27 and its 200 day simple moving average is $41.24. The company has a market capitalization of $28.83 billion, a PE ratio of 24.08 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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