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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $148.17, but opened at $134.76. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $133.6450, with a volume of 376,611 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 11.4%

The company has a fifty day moving average of $171.86 and a 200 day moving average of $108.78. The company has a market cap of $1.12 billion, a P/E ratio of 21.92 and a beta of 2.02.

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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