MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Stock Price Up 9.9% – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price was up 9.9% on Thursday . The company traded as high as $141.50 and last traded at $140.62. Approximately 728,962 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 1,327,387 shares. The stock had previously closed at $127.90.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 0.8%

The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 21.92 and a beta of 2.11. The company has a 50 day simple moving average of $125.63 and a 200 day simple moving average of $160.29.

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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