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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $69.19, but opened at $64.45. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $66.96, with a volume of 236,403 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The business’s 50-day moving average is $61.57 and its 200 day moving average is $46.34. The company has a market cap of $563.13 million, a PE ratio of 21.92 and a beta of 1.87.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

(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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