MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Should You Sell?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped down before the market opened on Wednesday. The stock had previously closed at $100.68, but opened at $91.92. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $90.85, with a volume of 871,826 shares traded.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The company has a 50-day moving average of $137.59 and a two-hundred day moving average of $141.68. The stock has a market capitalization of $734.14 million, a PE ratio of 21.92 and a beta of 2.05.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

(Get Free Report)

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.

Further Reading

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