Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Shares Gap Up – Here’s What Happened

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) shares gapped up before the market opened on Friday . The stock had previously closed at $29.58, but opened at $30.98. Direxion Daily Junior Gold Miners Index Bear 2X Shares shares last traded at $30.7710, with a volume of 157,584 shares traded.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Stock Up 0.8%

The company has a 50 day moving average of $36.37 and a 200 day moving average of $70.34.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Raffles Associates LP acquired a new stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares in the fourth quarter valued at $1,118,000. Group One Trading LLC acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the fourth quarter valued at about $1,080,000. Jump Financial LLC acquired a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the fourth quarter worth about $892,000. HRT Financial LP acquired a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the fourth quarter worth about $723,000. Finally, Virtu Financial LLC increased its holdings in Direxion Daily Junior Gold Miners Index Bear 2X Shares by 112.2% in the fourth quarter. Virtu Financial LLC now owns 466,836 shares of the company’s stock valued at $1,228,000 after buying an additional 246,859 shares in the last quarter.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Company Profile

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.