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)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $32.58, but opened at $31.84. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $31.97, with a volume of 179,665 shares traded.

MicroSectors Gold Miners 3x Leveraged ETN Trading Down 2.2 %

The firm has a market cap of $20.05 billion, a price-to-earnings ratio of 24.08 and a beta of 2.79. The firm’s 50 day simple moving average is $42.19 and its two-hundred day simple moving average is $41.63.

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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