MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading Up 5.6% – What’s Next?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) rose 5.6% on Wednesday . The company traded as high as $38.02 and last traded at $38.02. Approximately 189,544 shares changed hands during trading, a decline of 82% from the average daily volume of 1,054,502 shares. The stock had previously closed at $36.01.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 1.9 %

The stock’s fifty day moving average price is $46.59 and its 200-day moving average price is $42.45. The company has a market capitalization of $26.75 billion, a price-to-earnings 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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