MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s share price dropped 4.9% during trading on Tuesday. The stock traded as low as $100.35 and last traded at $100.35. Approximately 579,074 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 1,348,820 shares. The stock had previously closed at $105.51.
MicroSectors Gold Miners 3x Leveraged ETN Trading Down 13.9%
The firm has a market capitalization of $737.21 million, a P/E ratio of 21.92 and a beta of 2.05. The business’s fifty day moving average is $137.18 and its 200 day moving average is $141.25.
MicroSectors Gold Miners 3x Leveraged ETN Company Profile
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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