Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) Shares Climb 2.6% – What’s Next?

Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) traded up 2.6% during trading on Monday. The stock traded as high as $25.81 and last traded at $25.56. Approximately 430,871 shares were traded during trading, a decline of 60% from the average session volume of 1,064,206 shares. The stock had previously closed at $24.91.

Direxion Daily Junior Gold Miners Index Bear 2X ETF Price Performance

The stock’s 50-day simple moving average is $23.84 and its 200 day simple moving average is $32.09.

Hedge Funds 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 holdings in Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) by 112.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 466,836 shares of the company’s stock after buying an additional 246,859 shares during the period. Virtu Financial LLC owned about 1.61% of Direxion Daily Junior Gold Miners Index Bear 2X ETF worth $1,228,000 as of its most recent SEC filing.

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.