Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 338,475 shares changed hands during trading, a decline of 70% from the previous session’s volume of 1,122,879 shares.The stock last traded at $34.94 and had previously closed at $34.31.
MicroSectors Gold Miners 3x Leveraged ETN Stock Performance
The company has a market capitalization of $24.85 billion, a P/E ratio of 24.08 and a beta of 2.79. The company’s fifty day simple moving average is $37.61 and its 200-day simple moving average is $31.09.
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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