Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) were down 6.9% during mid-day trading on Monday . The stock traded as low as $25.83 and last traded at $26.12. Approximately 423,796 shares changed hands during trading, a decline of 59% from the average daily volume of 1,041,062 shares. The stock had previously closed at $28.07.
MicroSectors Gold Miners 3x Leveraged ETN Stock Down 4.3 %
The company has a market cap of $19.59 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79. The stock’s 50-day simple moving average is $39.46 and its 200 day simple moving average is $41.35.
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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