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

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped up before the market opened on Thursday. The stock had previously closed at $86.73, but opened at $91.01. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $88.66, with a volume of 563,811 shares traded.

MicroSectors Gold Miners 3x Leveraged ETN Trading Up 1.8%

The firm has a 50-day moving average of $136.37 and a two-hundred day moving average of $140.49. The firm has a market capitalization of $847.53 million, a P/E ratio of 21.92 and a beta of 2.05.

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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