MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s stock price was down 8.6% during trading on Friday . The stock traded as low as $45.34 and last traded at $44.63. Approximately 263,073 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 779,005 shares. The stock had previously closed at $48.83.
MicroSectors Gold Miners 3x Leveraged ETN Stock Performance
The company’s 50 day moving average price is $36.10 and its 200 day moving average price is $41.07. The company has a market cap of $31.84 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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