MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) was down 5.9% during trading on Wednesday . The stock traded as low as $51.32 and last traded at $51.76. Approximately 209,156 shares traded hands during trading, a decline of 79% from the average daily volume of 1,016,318 shares. The stock had previously closed at $55.00.
MicroSectors Gold Miners 3x Leveraged ETN Stock Down 8.4 %
The firm has a 50 day moving average of $47.78 and a 200 day moving average of $42.05. The firm has a market cap of $35.33 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79.
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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