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

Posted by Amy Steele on Sep 1st, 2026

Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $189.73, but opened at $176.77. Direxion Daily Gold Miners Index Bull 2x Shares shares last traded at $184.5330, with a volume of 212,355 shares traded.

Direxion Daily Gold Miners Index Bull 2x Shares Trading Down 4.1%

The business’s 50 day moving average is $139.52 and its two-hundred day moving average is $175.65. The company has a market cap of $1.39 billion, a PE ratio of 22.41 and a beta of 1.25.

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

Large investors have recently made changes to their positions in the business. Parallel Advisors LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the first quarter worth about $31,000. Tower Research Capital LLC TRC grew 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 valued at $65,000 after buying an additional 725 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the 2nd quarter valued at approximately $71,000. Federation des caisses Desjardins du Quebec raised its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 27.3% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,025 shares of the exchange traded fund’s stock valued at $189,000 after buying an additional 220 shares during the last quarter. Finally, StoneX Group Inc. purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the fourth quarter worth $264,000.

Direxion Daily Gold Miners Index Bull 2x Shares Company Profile

(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.