MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Stock Price Up 3.9% – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s stock price traded up 3.9% on Friday . The company traded as high as $28.58 and last traded at $28.58. 153,862 shares were traded during trading, a decline of 85% from the average session volume of 1,044,316 shares. The stock had previously closed at $27.50.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 3.2 %

The company has a market capitalization of $20.69 billion, a PE ratio of 24.08 and a beta of 2.79. The company’s 50 day moving average is $41.81 and its two-hundred day moving average is $41.54.

About MicroSectors Gold Miners 3x Leveraged ETN

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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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