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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $36.51, but opened at $37.50. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $37.50, with a volume of 118,309 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 2.6 %

The company has a market cap of $27.31 billion, a P/E ratio of 24.08 and a beta of 2.79. The firm’s 50 day moving average is $46.22 and its two-hundred day moving average is $42.38.

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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