MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Down 14.8% – What’s Next?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) dropped 14.8% during trading on Friday. The company traded as low as $65.00 and last traded at $65.48. Approximately 1,275,765 shares traded hands during trading, a decline of 7% from the average session volume of 1,378,469 shares. The stock had previously closed at $76.84.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The stock has a fifty day moving average price of $126.80 and a 200 day moving average price of $187.66. The stock has a market capitalization of $549.87 million, a P/E 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.

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