Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Shares Gap Up – Here’s What Happened

Posted by Anthony Miller on Mar 27th, 2026

Shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $157.43, but opened at $172.66. Direxion Daily Gold Miners Index Bull 2x Shares shares last traded at $168.53, with a volume of 342,750 shares traded.

Direxion Daily Gold Miners Index Bull 2x Shares Trading Down 8.6%

The stock has a market cap of $848.65 million, a price-to-earnings ratio of 22.41 and a beta of 1.08. The firm’s 50-day moving average is $239.99 and its two-hundred day moving average is $189.04.

Hedge Funds Weigh In On Direxion Daily Gold Miners Index Bull 2x Shares

Hedge funds have recently made changes to their positions in the company. Crosspoint Financial LLC purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter valued at approximately $282,000. Qube Research & Technologies Ltd purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the second quarter worth approximately $990,000. Raymond James Financial Inc. purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the second quarter worth approximately $71,000. Tower Research Capital LLC TRC raised its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 473.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 878 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 725 shares during the last quarter. Finally, Client First Investment Management LLC acquired a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter valued at $7,719,000.

About Direxion Daily Gold Miners Index Bull 2x Shares

(Get Free Report)

The Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x leveraged exposure to a market-cap-weighted index of global gold and silver mining firms. NUGT was launched on Dec 8, 2010 and is managed by Direxion.