MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Short Interest Update

by · The Markets Daily

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 111,919 shares, an increase of 98.2% from the November 30th total of 56,476 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average trading volume of 697,278 shares, the short-interest ratio is presently 0.2 days. Based on an average trading volume of 697,278 shares, the short-interest ratio is presently 0.2 days. Currently, 1.3% of the company’s shares are short sold.

Institutional Trading of MicroSectors Gold Miners 3x Leveraged ETN

A hedge fund recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Gamco Investors INC. ET AL purchased a new stake in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,000 shares of the company’s stock, valued at approximately $205,000.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

Shares of GDXU traded up $15.72 during mid-day trading on Friday, reaching $298.69. The stock had a trading volume of 606,299 shares, compared to its average volume of 765,283. MicroSectors Gold Miners 3x Leveraged ETN has a 52-week low of $25.83 and a 52-week high of $302.71. The firm has a market cap of $2.54 billion, a price-to-earnings ratio of 21.92 and a beta of 2.02. The business’s fifty day moving average is $198.19 and its 200 day moving average is $147.45.

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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