MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Time to Sell?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $58.79, but opened at $51.20. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $60.36, with a volume of 277,432 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The stock has a fifty day simple moving average of $47.68 and a two-hundred day simple moving average of $42.79. The stock has a market cap of $31.06 billion, a PE ratio of 26.56 and a beta of 2.79.

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.

Further Reading

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