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) gapped up before the market opened on Friday. The stock had previously closed at $100.20, but opened at $106.57. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $108.94, with a volume of 585,439 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 7.0%

The firm has a 50-day simple moving average of $136.15 and a 200 day simple moving average of $142.92. The company has a market cap of $911.20 million, a price-to-earnings 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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