MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down to $38.03

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $38.03, but opened at $33.34. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $34.75, with a volume of 659,566 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 5.1 %

The firm has a market capitalization of $25.22 billion, a price-to-earnings ratio of 24.86 and a beta of 2.41. The company’s 50 day moving average is $27.96 and its 200-day moving average is $28.01.

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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