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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $45.00, but opened at $48.74. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $48.86, with a volume of 204,385 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 3.8 %

The business’s 50 day simple moving average is $34.62 and its two-hundred day simple moving average is $40.66. The stock has a market cap of $33.99 billion, a P/E ratio of 24.08 and a beta of 2.79.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

(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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