MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares shot up 9.9% during trading on Thursday . The stock traded as high as $141.50 and last traded at $140.62. 728,962 shares changed hands during mid-day trading, a decline of 45% from the average daily volume of 1,327,387 shares. The stock had previously closed at $127.90.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The stock’s fifty day simple moving average is $123.33 and its 200-day simple moving average is $162.80. The company has a market capitalization of $1.30 billion, a P/E ratio of 21.92 and a beta of 2.11.
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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