Direxion Daily Junior Gold Miners Index Bull 2X ETF (NYSEARCA:JNUG – Get Free Report) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 323,584 shares, a growth of 105.9% from the September 15th total of 157,130 shares. Based on an average trading volume of 260,030 shares, the days-to-cover ratio is currently 1.2 days. Currently, 11.8% of the shares of the stock are short sold.
Direxion Daily Junior Gold Miners Index Bull 2X ETF Trading Down 4.3%
NYSEARCA:JNUG opened at $139.25 on Wednesday. Direxion Daily Junior Gold Miners Index Bull 2X ETF has a twelve month low of $99.42 and a twelve month high of $363.55. The company has a 50-day moving average of $173.21 and a 200-day moving average of $166.76. The firm has a market cap of $395.47 million, a price-to-earnings ratio of 27.33 and a beta of 1.71.
Institutional Trading of Direxion Daily Junior Gold Miners Index Bull 2X ETF
A hedge fund recently raised its position in Direxion Daily Junior Gold Miners Index Bull 2X ETF stock. Virtu Financial LLC boosted its stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X ETF (NYSEARCA:JNUG – Free Report) by 18.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,572 shares of the exchange traded fund’s stock after purchasing an additional 5,915 shares during the quarter. Direxion Daily Junior Gold Miners Index Bull 2X ETF comprises 0.3% of Virtu Financial LLC’s portfolio, making the stock its 17th largest holding. Virtu Financial LLC owned approximately 1.43% of Direxion Daily Junior Gold Miners Index Bull 2X ETF worth $7,967,000 as of its most recent filing with the Securities & Exchange Commission.
About Direxion Daily Junior Gold Miners Index Bull 2X ETF
The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) 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. JNUG was launched on Oct 3, 2013 and is managed by Direxion.
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