MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Here’s Why

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares gapped down before the market opened on Tuesday. The stock had previously closed at $103.37, but opened at $91.56. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $86.83, with a volume of 1,108,497 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The business has a 50 day moving average of $112.38 and a 200 day moving average of $178.04. The firm has a market capitalization of $724.46 million, a price-to-earnings ratio of 21.92 and a beta of 2.07.

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.

Read More

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.