MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s share price dropped 8.9% during trading on Thursday. The company traded as low as $73.03 and last traded at $75.20. Approximately 875,560 shares traded hands during trading, a decline of 39% from the average daily volume of 1,434,127 shares. The stock had previously closed at $82.51.
MicroSectors Gold Miners 3x Leveraged ETN Trading Down 9.4%
The company has a market capitalization of $897.36 million, a price-to-earnings ratio of 13.43 and a beta of 2.07. The stock’s 50 day moving average price is $109.71 and its 200 day moving average price is $174.38.
MicroSectors Gold Miners 3x Leveraged ETN Company Profile
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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