MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) was down 14.8% during mid-day trading on Friday. The company traded as low as $65.00 and last traded at $65.48. Approximately 1,275,765 shares were traded during mid-day trading, a decline of 7% from the average session volume of 1,378,469 shares. The stock had previously closed at $76.84.
MicroSectors Gold Miners 3x Leveraged ETN Stock Down 15.8%
The stock’s 50-day simple moving average is $126.80 and its 200 day simple moving average is $187.66. The firm has a market cap of $549.87 million, a P/E ratio of 21.92 and a beta of 2.05.
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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