Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) dropped 7.9% during trading on Thursday . The stock traded as low as $40.65 and last traded at $40.23. Approximately 106,614 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 765,735 shares. The stock had previously closed at $43.68.
MicroSectors Gold Miners 3x Leveraged ETN Trading Up 1.6 %
The company has a market capitalization of $28.83 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79. The firm’s 50 day simple moving average is $37.27 and its 200-day simple moving average is $41.24.
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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