Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Stock Pass Above Fifty Day Moving Average – Time to Sell?

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDSTGet Free Report) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $33.55 and traded as high as $34.24. Direxion Daily Junior Gold Miners Index Bear 2X Shares shares last traded at $33.88, with a volume of 842,718 shares traded.

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

The company has a 50 day simple moving average of $33.55 and a 200-day simple moving average of $46.51.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Traynor Capital Management Inc. purchased a new stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares in the third quarter worth approximately $43,000. StoneX Group Inc. purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter valued at approximately $173,000. Walleye Capital LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter valued at approximately $193,000. Two Sigma Securities LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter valued at approximately $618,000. Finally, XTX Topco Ltd purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the fourth quarter valued at approximately $222,000.

About Direxion Daily Junior Gold Miners Index Bear 2X Shares

(Get Free Report)

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.

Further Reading

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