Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Short Interest Down 31.5% in September

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 1,020,000 shares, a drop of 31.5% from the September 15th total of 1,490,000 shares. Based on an average daily volume of 14,362,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 14,362,500 shares, the short-interest ratio is presently 0.1 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of JDST. Simplex Trading LLC increased its holdings in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares by 61.7% in the 1st quarter. Simplex Trading LLC now owns 7,307 shares of the company’s stock worth $117,000 after purchasing an additional 2,789 shares in the last quarter. ORG Partners LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 2nd quarter worth $48,000. Eastern Bank purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 2nd quarter worth $272,000. Walleye Capital LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 2nd quarter worth $193,000. Finally, StoneX Group Inc. purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 2nd quarter worth $173,000.

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

Direxion Daily Junior Gold Miners Index Bear 2X Shares stock opened at $4.35 on Friday. The stock has a fifty day simple moving average of $5.36 and a two-hundred day simple moving average of $9.00. Direxion Daily Junior Gold Miners Index Bear 2X Shares has a 12 month low of $3.24 and a 12 month high of $32.14.

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.