MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Sees Unusually-High Trading Volume – Time to Buy?

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) saw unusually-strong trading volume on Wednesday. 1,709,354 shares were traded during trading, an increase of 22% from the average daily volume of 1,395,778 shares. The stock last traded at $77.56 and had previously closed at $65.00.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 6.3%

The company’s 50 day moving average price is $115.61 and its two-hundred day moving average price is $181.04. The stock has a market cap of $771.03 million, a P/E ratio of 21.92 and a beta of 2.07.

About MicroSectors Gold Miners 3x Leveraged ETN

(Get Free Report)

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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