MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Here’s What Happened

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares gapped down prior to trading on Tuesday. The stock had previously closed at $103.37, but opened at $91.56. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $86.83, with a volume of 1,108,497 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The company has a 50-day moving average of $109.71 and a 200-day moving average of $174.38. The firm has a market capitalization of $990.12 million, a price-to-earnings ratio of 13.43 and a beta of 2.07.

About MicroSectors Gold Miners 3x Leveraged ETN

(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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