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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $41.89, but opened at $39.18. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $39.28, with a volume of 230,131 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 8.4 %

The firm has a fifty day simple moving average of $43.31 and a 200-day simple moving average of $41.93. The company has a market cap of $24.71 billion, a PE ratio of 24.08 and a beta of 2.79.

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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