MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Sees Large Volume Increase – Here’s What Happened

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares saw an uptick in trading volume on Wednesday. Approximately 1,709,354 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 1,395,778 shares. The stock last traded at $77.56 and had previously closed at $65.00.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 26.2%

The firm has a market capitalization of $697 million, a P/E ratio of 21.92 and a beta of 2.07. The business has a 50 day moving average of $119.88 and a 200-day moving average of $183.63.

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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