Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) dropped 2.3% during trading on Friday . The company traded as low as $52.48 and last traded at $52.75. Approximately 111,829 shares traded hands during mid-day trading, a decline of 89% from the average daily volume of 1,044,362 shares. The stock had previously closed at $54.00.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The firm has a market cap of $36.60 billion, a P/E ratio of 24.08 and a beta of 2.79. The company’s 50-day moving average is $42.80 and its two-hundred day moving average is $38.61.
MicroSectors Gold Miners 3x Leveraged ETN Company Profile
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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