Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shot up 6.1% during trading on Thursday . The stock traded as high as $49.47 and last traded at $48.92. 257,864 shares were traded during trading, a decline of 67% from the average session volume of 785,587 shares. The stock had previously closed at $46.10.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The firm has a fifty day simple moving average of $35.67 and a 200 day simple moving average of $40.91. The company has a market cap of $36.15 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79.
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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