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

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) gapped up prior to trading on Monday . The stock had previously closed at $46.60, but opened at $47.94. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $47.97, with a volume of 197,762 shares traded.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The firm has a market capitalization of $34.33 billion, a PE ratio of 24.08 and a beta of 2.79. The company has a fifty day simple moving average of $47.77 and a two-hundred day simple moving average of $42.28.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

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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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