MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares saw strong trading volume on Wednesday. Approximately 1,709,354 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 1,395,778 shares. The stock last traded at $77.56 and had previously closed at $65.00.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The stock has a market cap of $697 million, a price-to-earnings ratio of 21.92 and a beta of 2.07. The stock’s 50 day simple moving average is $119.88 and its two-hundred day simple moving average is $183.63.
MicroSectors Gold Miners 3x Leveraged ETN Company Profile
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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