Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shot up 7.1% during mid-day trading on Wednesday . The company traded as high as $49.98 and last traded at $49.91. 503,763 shares changed hands during trading, a decline of 37% from the average session volume of 804,414 shares. The stock had previously closed at $46.61.
MicroSectors Gold Miners 3x Leveraged ETN Stock Up 4.4 %
The company has a 50-day moving average price of $34.62 and a two-hundred day moving average price of $40.66. The company has a market capitalization of $35.49 billion, a PE 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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