MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Time to Sell?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $84.73, but opened at $78.10. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $75.80, with a volume of 420,674 shares traded.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The business’s fifty day simple moving average is $124.68 and its 200-day simple moving average is $186.34. The company has a market capitalization of $546.89 million, a P/E 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.

Featured Articles

Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.