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 stock price gapped up prior to trading on Thursday . The stock had previously closed at $75.38, but opened at $79.06. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $80.84, with a volume of 158,560 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 4.8%

The company has a fifty day simple moving average of $67.64 and a 200-day simple moving average of $50.08. The company has a market capitalization of $729.22 million, a PE ratio of 21.92 and a beta of 1.85.

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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