Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) traded down 4.1% during trading on Friday . The stock traded as low as $35.44 and last traded at $35.45. 150,715 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 1,040,273 shares. The stock had previously closed at $36.98.
MicroSectors Gold Miners 3x Leveraged ETN Stock Down 8.2 %
The firm has a market capitalization of $24.77 billion, a P/E ratio of 24.08 and a beta of 2.79. The business’s 50 day moving average is $43.55 and its 200-day moving average is $41.98.
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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