MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shot up 5.6% during mid-day trading on Wednesday . The company traded as high as $38.02 and last traded at $38.02. 189,544 shares changed hands during trading, a decline of 82% from the average session volume of 1,054,502 shares. The stock had previously closed at $36.01.
MicroSectors Gold Miners 3x Leveraged ETN Stock Up 1.4 %
The company’s 50-day moving average is $46.22 and its 200 day moving average is $42.38. The company has a market cap of $26.62 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79.
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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