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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $91.33, but opened at $99.24. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $101.89, with a volume of 935,083 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The business’s 50 day simple moving average is $110.89 and its 200-day simple moving average is $176.28. The stock has a market capitalization of $1.04 billion, a price-to-earnings ratio of 13.43 and a beta of 2.07.

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.

Further Reading

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