MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down to $38.47

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $38.47, but opened at $31.41. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $32.02, with a volume of 406,301 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 9.7 %

The firm has a market capitalization of $25.32 billion, a PE ratio of 24.08 and a beta of 2.79. The business’s fifty day moving average price is $38.82 and its 200 day moving average price is $32.96.

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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