Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Short Interest Update

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) was the target of a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,582,430 shares, a decline of 43.2% from the November 30th total of 2,784,676 shares. Approximately 14.8% of the shares of the company are sold short. Based on an average daily volume of 44,913,297 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 44,913,297 shares, the short-interest ratio is presently 0.0 days. Approximately 14.8% of the shares of the company are sold short.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Stock Down 3.7%

Shares of NYSEARCA JDST opened at $2.34 on Friday. The stock has a fifty day moving average price of $3.63 and a 200 day moving average price of $6.22. Direxion Daily Junior Gold Miners Index Bear 2X Shares has a 1-year low of $2.31 and a 1-year high of $32.14.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Jump Financial LLC acquired a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the second quarter worth about $2,321,000. Qube Research & Technologies Ltd acquired a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 3rd quarter worth approximately $499,000. BNP Paribas Financial Markets raised its stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares by 93.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 100,000 shares of the company’s stock worth $980,000 after buying an additional 48,270 shares in the last quarter. Two Sigma Securities LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 2nd quarter worth approximately $618,000. Finally, Eastern Bank acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 2nd quarter valued at approximately $272,000.

About Direxion Daily Junior Gold Miners Index Bear 2X Shares

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.