Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Trading 3.8% Higher – What’s Next?

Shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDSTGet Free Report) traded up 3.8% on Monday . The stock traded as high as $4.66 and last traded at $4.59. 35,816,386 shares changed hands during mid-day trading, an increase of 279% from the average session volume of 9,445,963 shares. The stock had previously closed at $4.42.

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

The company has a 50-day simple moving average of $4.94 and a two-hundred day simple moving average of $8.47.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. ORG Partners LLC purchased a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares in the second quarter worth $48,000. Simplex Trading LLC boosted its position in Direxion Daily Junior Gold Miners Index Bear 2X Shares by 61.7% in 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 last quarter. Traynor Capital Management Inc. purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 3rd quarter valued at $43,000. StoneX Group Inc. purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 2nd quarter valued at $173,000. Finally, Walleye Capital LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 2nd quarter valued at $193,000.

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.

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