MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Down 3.9%

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s stock price dropped 3.9% on Friday . The company traded as low as $43.01 and last traded at $43.07. Approximately 240,821 shares traded hands during trading, a decline of 77% from the average daily volume of 1,054,221 shares. The stock had previously closed at $44.82.

MicroSectors Gold Miners 3x Leveraged ETN Trading Down 2.3 %

The firm has a market cap of $31.93 billion, a P/E ratio of 24.08 and a beta of 2.79. The business’s 50-day moving average is $40.77 and its two-hundred day moving average is $35.29.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

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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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