MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading 7.5% Higher – Here’s What Happened

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) traded up 7.5% during trading on Tuesday . The stock traded as high as $32.48 and last traded at $32.45. 215,251 shares were traded during mid-day trading, a decline of 77% from the average session volume of 951,030 shares. The stock had previously closed at $30.20.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 7.7 %

The company has a market capitalization of $23.72 billion, a P/E ratio of 24.08 and a beta of 2.79. The company’s 50-day simple moving average is $34.12 and its 200 day simple moving average is $41.05.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

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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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