MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Sees Unusually-High Trading Volume

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) saw strong trading volume on Friday . 338,475 shares traded hands during trading, a decline of 70% from the previous session’s volume of 1,122,879 shares.The stock last traded at $34.94 and had previously closed at $34.31.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The firm has a fifty day simple moving average of $37.61 and a 200-day simple moving average of $31.09. The company has a market capitalization of $24.85 billion, a PE ratio of 24.08 and a beta of 2.79.

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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