Stock Traders Purchase High Volume of Call Options on Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST)

Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) saw some unusual options trading on Monday. Investors bought 4,282 call options on the company. This represents an increase of approximately 129% compared to the average daily volume of 1,869 call options.

Direxion Daily Gold Miners Index Bear 2x Shares Trading Down 4.2%

NYSEARCA:DUST opened at $10.34 on Tuesday. The firm’s fifty day simple moving average is $16.32 and its 200 day simple moving average is $24.26. Direxion Daily Gold Miners Index Bear 2x Shares has a twelve month low of $10.08 and a twelve month high of $70.76.

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

A number of institutional investors have recently bought and sold shares of DUST. SBI Securities Co. Ltd. boosted its position in Direxion Daily Gold Miners Index Bear 2x Shares by 721.8% during the 1st quarter. SBI Securities Co. Ltd. now owns 830 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 729 shares in the last quarter. Walleye Capital LLC purchased a new position in shares of Direxion Daily Gold Miners Index Bear 2x Shares in the 2nd quarter valued at approximately $235,000. Bank of America Corp DE bought a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the second quarter valued at approximately $126,000. Group One Trading LLC grew its stake in Direxion Daily Gold Miners Index Bear 2x Shares by 104.4% in the second quarter. Group One Trading LLC now owns 1,065 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 544 shares during the period. Finally, Jump Financial LLC bought a new position in Direxion Daily Gold Miners Index Bear 2x Shares in the second quarter worth $8,762,000.

Direxion Daily Gold Miners Index Bear 2x Shares Company Profile

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