MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading 5.9% Higher

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price shot up 5.9% during mid-day trading on Thursday . The company traded as high as $37.45 and last traded at $36.56. 571,185 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 1,263,621 shares. The stock had previously closed at $34.52.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 10.3 %

The business’s fifty day moving average is $28.28 and its 200-day moving average is $28.06. The stock has a market capitalization of $27.78 billion, a PE ratio of 24.86 and a beta of 2.41.

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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