MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s share price gapped down prior to trading on Wednesday. The stock had previously closed at $100.68, but opened at $91.92. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $90.85, with a volume of 871,826 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The firm has a 50-day moving average price of $136.99 and a 200-day moving average price of $140.77. The stock has a market cap of $832.32 million, a PE ratio of 21.92 and a beta of 2.05.

About MicroSectors Gold Miners 3x Leveraged ETN

(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.

Recommended Stories

Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.