MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) dropped 4.1% on Friday . The stock traded as low as $35.32 and last traded at $35.80. Approximately 300,712 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 1,043,257 shares. The stock had previously closed at $37.32.
MicroSectors Gold Miners 3x Leveraged ETN Stock Down 5.6 %
The firm has a market capitalization of $25.69 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79. The business has a 50-day moving average of $44.52 and a two-hundred day moving average of $42.15.
About MicroSectors Gold Miners 3x Leveraged ETN
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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