Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) Trading Up 2.9% – What’s Next?

Shares of Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) traded up 2.9% during trading on Monday . The company traded as high as $22.74 and last traded at $22.48. 489,379 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 1,093,148 shares. The stock had previously closed at $21.85.

Direxion Daily Junior Gold Miners Index Bear 2X ETF Trading Up 10.5%

The company’s 50-day moving average price is $28.52 and its two-hundred day moving average price is $33.17.

Institutional Investors Weigh In On Direxion Daily Junior Gold Miners Index Bear 2X ETF

A hedge fund recently raised its stake in Direxion Daily Junior Gold Miners Index Bear 2X ETF stock. Virtu Financial LLC raised its position in shares of Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) by 112.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 466,836 shares of the company’s stock after purchasing an additional 246,859 shares during the period. Virtu Financial LLC owned approximately 1.61% of Direxion Daily Junior Gold Miners Index Bear 2X ETF worth $1,228,000 at the end of the most recent reporting period.

Direxion Daily Junior Gold Miners Index Bear 2X ETF Company Profile

The Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily -2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JDST was launched on Oct 3, 2013 and is managed by Direxion.