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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s share price gapped up before the market opened on Thursday. The stock had previously closed at $86.73, but opened at $91.01. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $88.66, with a volume of 563,811 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 9.5%

The firm has a market capitalization of $807.50 million, a P/E ratio of 21.92 and a beta of 2.05. The company’s fifty day simple moving average is $137.18 and its 200 day simple moving average is $141.25.

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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