Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Shares Gap Down – What’s Next?

Posted by James Quigley on Jun 5th, 2026

Shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $158.82, but opened at $149.35. Direxion Daily Gold Miners Index Bull 2x Shares shares last traded at $144.73, with a volume of 290,012 shares changing hands.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Performance

The company has a market cap of $791.33 million, a price-to-earnings ratio of 22.41 and a beta of 1.16. The business’s 50 day moving average price is $183.80 and its 200-day moving average price is $203.66.

Institutional Investors Weigh In On Direxion Daily Gold Miners Index Bull 2x Shares

Hedge funds have recently made changes to their positions in the company. FNY Investment Advisers LLC increased its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 60.0% during the 3rd quarter. FNY Investment Advisers LLC now owns 12,000 shares of the exchange traded fund’s stock worth $1,853,000 after purchasing an additional 4,500 shares in the last quarter. Revere Asset Management Inc acquired a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 4th quarter worth about $1,302,000. Optiver Holding B.V. acquired a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 3rd quarter worth about $339,000. Millennium Capital Advisors LLC acquired a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 4th quarter worth about $608,000. Finally, Crosspoint Financial LLC acquired a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 4th quarter worth about $367,000.

Direxion Daily Gold Miners Index Bull 2x Shares Company Profile

(Get Free Report)

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