MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shares were down 6.4% during mid-day trading on Friday . The company traded as low as $77.07 and last traded at $76.30. Approximately 200,597 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 788,391 shares. The stock had previously closed at $81.51.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The company has a market capitalization of $635.80 million, a price-to-earnings ratio of 21.92 and a beta of 1.87. The stock has a 50-day moving average price of $64.64 and a 200-day moving average price of $48.73.
About MicroSectors Gold Miners 3x Leveraged ETN
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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