Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Short Interest Update

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 233,388 shares, a decrease of 96.3% from the February 26th total of 6,349,148 shares. Based on an average daily volume of 1,655,696 shares, the short-interest ratio is presently 0.1 days. Currently, 16.1% of the shares of the stock are sold short. Currently, 16.1% of the shares of the stock are sold short. Based on an average daily volume of 1,655,696 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC lifted its holdings in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares by 112.2% during the fourth quarter. Virtu Financial LLC now owns 466,836 shares of the company’s stock valued at $1,228,000 after acquiring an additional 246,859 shares during the period. XTX Topco Ltd bought a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 4th quarter worth about $222,000. Jump Financial LLC acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 4th quarter worth about $892,000. Raffles Associates LP acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 4th quarter worth about $1,118,000. Finally, HRT Financial LP bought a new position in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 4th quarter valued at about $723,000.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Trading Down 5.0%

Shares of JDST traded down $2.15 during mid-day trading on Wednesday, reaching $40.88. The company had a trading volume of 277,198 shares, compared to its average volume of 2,097,801. Direxion Daily Junior Gold Miners Index Bear 2X Shares has a twelve month low of $22.80 and a twelve month high of $422.00. The company’s 50-day moving average is $33.64 and its 200-day moving average is $61.03.

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.