Direxion Shares Exchange Traded Fund Trust (NYSE:NUGT) was the target of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 11,693,943 shares, a decline of 30.9% from the October 14th total of 16,928,142 shares. Based on an average trading volume of 28,064,968 shares, the days-to-cover ratio is presently 0.4 days.

Direxion Shares Exchange Traded Fund Trust (NYSE:NUGT) opened at 8.36 on Friday. The company’s 50-day moving average is $14.27 and its 200-day moving average is $21.37. Direxion Shares Exchange Traded Fund Trust has a 12 month low of $3.48 and a 12 month high of $35.80.

5 Day Chart for NYSE:NUGT

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