MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Trading 3.3% Higher – Here’s What Happened

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price shot up 3.3% on Tuesday . The stock traded as high as $37.65 and last traded at $37.32. 467,090 shares were traded during mid-day trading, a decline of 55% from the average session volume of 1,046,426 shares. The stock had previously closed at $36.14.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The stock’s fifty day simple moving average is $47.17 and its 200-day simple moving average is $42.42. The stock has a market cap of $27.48 billion, a P/E ratio of 24.08 and a beta of 2.79.

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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