Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Short Interest Update

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 3,628,621 shares, a growth of 129.3% from the December 15th total of 1,582,430 shares. Currently, 20.9% of the shares of the company are sold short. Based on an average daily volume of 44,818,220 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 44,818,220 shares, the short-interest ratio is currently 0.1 days. Currently, 20.9% of the shares of the company are sold short.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Stock Down 0.7%

Direxion Daily Junior Gold Miners Index Bear 2X Shares stock traded down $0.01 during mid-day trading on Wednesday, hitting $2.12. 21,676,812 shares of the company’s stock traded hands, compared to its average volume of 44,339,234. Direxion Daily Junior Gold Miners Index Bear 2X Shares has a one year low of $2.01 and a one year high of $27.30. The firm has a 50 day moving average price of $3.15 and a 200 day moving average price of $5.56.

Institutional Trading of Direxion Daily Junior Gold Miners Index Bear 2X Shares

A number of hedge funds and other institutional investors have recently made changes to their positions in JDST. ORG Partners LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the second quarter worth approximately $48,000. Eastern Bank bought a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter valued at approximately $272,000. Walleye Capital LLC acquired a new stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares in the second quarter valued at approximately $193,000. StoneX Group Inc. acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 2nd quarter valued at $173,000. Finally, Jump Financial LLC bought a new stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares in the second quarter worth $2,321,000.

Direxion Daily Junior Gold Miners Index Bear 2X Shares 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.