Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) Shares Gap Down – Should You Sell?

Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUSTGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $54.90, but opened at $52.63. Direxion Daily Gold Miners Index Bear 2x Shares shares last traded at $51.20, with a volume of 222,455 shares.

Direxion Daily Gold Miners Index Bear 2x Shares Stock Up 2.5 %

The firm’s 50 day moving average is $60.81 and its two-hundred day moving average is $340.51.

Institutional Trading of Direxion Daily Gold Miners Index Bear 2x Shares

Institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC grew its holdings in Direxion Daily Gold Miners Index Bear 2x Shares by 163.9% during the 3rd quarter. Virtu Financial LLC now owns 560,878 shares of the exchange traded fund’s stock worth $2,995,000 after acquiring an additional 348,346 shares during the period. Squarepoint Ops LLC bought a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the 2nd quarter valued at about $226,000. Finally, Spire Wealth Management acquired a new stake in Direxion Daily Gold Miners Index Bear 2x Shares during the fourth quarter worth approximately $254,000.

Direxion Daily Gold Miners Index Bear 2x Shares Company Profile

(Get Free Report)

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

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