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 target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 248,231 shares, an increase of 68.0% from the July 30th total of 147,788 shares. Approximately 33.1% of the company’s stock are sold short. Based on an average trading volume of 594,757 shares, the days-to-cover ratio is currently 0.4 days.

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

A number of institutional investors have recently bought and sold shares of JDST. StoneX Group Inc. purchased a new stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 2nd quarter worth approximately $173,000. Walleye Capital LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the second quarter worth $193,000. Two Sigma Securities LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the second quarter worth $618,000. XTX Topco Ltd acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the fourth quarter worth $222,000. Finally, BNP Paribas Financial Markets lifted its stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares by 93.3% during the second quarter. BNP Paribas Financial Markets now owns 100,000 shares of the company’s stock worth $980,000 after buying an additional 48,270 shares during the period.

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

Shares of JDST stock traded up $0.29 during trading hours on Monday, reaching $21.32. 899,415 shares of the company’s stock were exchanged, compared to its average volume of 1,117,863. Direxion Daily Junior Gold Miners Index Bear 2X Shares has a 1 year low of $18.94 and a 1 year high of $147.60. The stock’s fifty day moving average price is $34.90 and its two-hundred day moving average price is $34.00.

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.