MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Here’s Why

by · The Cerbat Gem

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $58.17, but opened at $64.97. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $62.43, with a volume of 290,242 shares traded.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 9.3 %

The business has a 50 day moving average of $56.54 and a 200-day moving average of $45.16. The stock has a market cap of $540.60 million, a PE ratio of 22.35 and a beta of 1.89.

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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