Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) shot up 9.9% on Thursday . The company traded as high as $141.50 and last traded at $140.62. Approximately 728,962 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 1,327,387 shares. The stock had previously closed at $127.90.
MicroSectors Gold Miners 3x Leveraged ETN Trading Up 12.6%
The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 21.92 and a beta of 2.11. The company has a fifty day moving average of $123.33 and a two-hundred day moving average of $162.80.
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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