MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – What’s Next?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s stock price gapped down before the market opened on Wednesday. The stock had previously closed at $106.40, but opened at $95.93. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $95.98, with a volume of 1,236,547 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 8.9%

The company’s fifty day moving average price is $135.40 and its 200-day moving average price is $143.64. The stock has a market capitalization of $823.65 million, a PE ratio of 21.92 and a beta of 2.05.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

(Get Free Report)

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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