MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Should You Buy?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s share price gapped up prior to trading on Friday. The stock had previously closed at $100.20, but opened at $106.57. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $108.94, with a volume of 585,439 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The firm’s 50-day moving average price is $136.15 and its 200-day moving average price is $142.92. The company has a market cap of $911.20 million, a price-to-earnings ratio of 21.92 and a beta of 2.05.

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.

Featured Articles

Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.