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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $29.79, but opened at $30.65. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $30.76, with a volume of 351,524 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The company has a market capitalization of $22.99 billion, a PE ratio of 24.08 and a beta of 2.79. The company has a 50 day simple moving average of $34.74 and a 200 day simple moving average of $40.99.

About MicroSectors Gold Miners 3x Leveraged ETN

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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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