MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Sees Strong Trading Volume – Time to Buy?

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) saw unusually-high trading volume on Monday . Approximately 495,721 shares were traded during mid-day trading, a decline of 33% from the previous session’s volume of 736,595 shares.The stock last traded at $29.04 and had previously closed at $29.79.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The company has a market cap of $21.29 billion, a PE ratio of 24.08 and a beta of 2.79. The company’s fifty day moving average price is $36.47 and its 200 day moving average price is $41.20.

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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