MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Here’s What Happened

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $41.56, but opened at $43.08. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $44.75, with a volume of 166,564 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The business’s 50 day moving average price is $39.07 and its 200 day moving average price is $41.15. The firm has a market cap of $32.98 billion, a price-to-earnings ratio of 25.85 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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