Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Shares Down 5.5% – Here’s Why

Posted by Renee Jackson on Dec 4th, 2025

Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Get Free Report)’s stock price dropped 5.5% during mid-day trading on Tuesday . The stock traded as low as $162.14 and last traded at $162.7230. Approximately 335,705 shares traded hands during mid-day trading, a decline of 74% from the average daily volume of 1,302,920 shares. The stock had previously closed at $172.11.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

The business has a 50 day moving average of $150.28 and a 200 day moving average of $110.34. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 22.41 and a beta of 1.08.

Institutional Trading of Direxion Daily Gold Miners Index Bull 2x Shares

Hedge funds have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC raised its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 473.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 878 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 725 shares during the period. Raymond James Financial Inc. bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 2nd quarter valued at $71,000. Headlands Technologies LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 1st quarter valued at $103,000. Caitlin John LLC acquired a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter worth $164,000. Finally, PFG Investments LLC bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares during the 3rd quarter worth about $232,000.

About Direxion Daily Gold Miners Index Bull 2x Shares

(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.