Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Trading Up 0.2% – Here’s Why

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDSTGet Free Report) were up 0.2% during mid-day trading on Friday . The company traded as high as $5.42 and last traded at $5.36. Approximately 18,136,435 shares changed hands during trading, an increase of 306% from the average daily volume of 4,464,986 shares. The stock had previously closed at $5.35.

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

The stock’s 50-day moving average is $8.40 and its 200-day moving average is $11.93.

Hedge Funds Weigh In On Direxion Daily Junior Gold Miners Index Bear 2X Shares

A number of large investors have recently bought and sold shares of JDST. Simplex Trading LLC raised its stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares by 61.7% during the first quarter. Simplex Trading LLC now owns 7,307 shares of the company’s stock worth $117,000 after purchasing an additional 2,789 shares during the period. ORG Partners LLC purchased a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter worth approximately $48,000. Eastern Bank purchased a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter worth approximately $272,000. Walleye Capital LLC purchased a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter worth approximately $193,000. Finally, StoneX Group Inc. purchased a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter worth approximately $173,000.

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.

Recommended Stories

Receive News & Ratings for Direxion Daily Junior Gold Miners Index Bear 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Junior Gold Miners Index Bear 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.