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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $41.56, but opened at $43.08. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $44.75, with a volume of 166,564 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The business has a 50 day moving average price of $39.83 and a two-hundred day moving average price of $41.17. The stock has a market cap of $33.95 billion, a PE ratio of 25.85 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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