MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading Up 8.4%

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) shot up 8.4% during mid-day trading on Thursday . The stock traded as high as $40.30 and last traded at $39.92. 625,452 shares were traded during trading, a decline of 49% from the average session volume of 1,222,505 shares. The stock had previously closed at $36.81.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 11.4 %

The business’s 50 day simple moving average is $31.75 and its 200 day simple moving average is $28.67. The company has a market capitalization of $29.90 billion, a PE ratio of 24.08 and a beta of 2.79.

About MicroSectors Gold Miners 3x Leveraged ETN

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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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