MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading Up 4.9% – What’s Next?

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) traded up 4.9% during trading on Tuesday . The company traded as high as $36.70 and last traded at $36.66. 175,800 shares traded hands during trading, a decline of 83% from the average session volume of 1,048,937 shares. The stock had previously closed at $34.94.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The company has a market capitalization of $27.93 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79. The firm’s 50-day simple moving average is $45.76 and its two-hundred day simple moving average is $42.33.

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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