Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) Stock Price Up 2.9% – Here’s Why

Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST)’s stock price traded up 2.9% during mid-day trading on Monday . The company traded as high as $22.74 and last traded at $22.48. 489,379 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 1,093,148 shares. The stock had previously closed at $21.85.

Direxion Daily Junior Gold Miners Index Bear 2X ETF Trading Up 2.9%

The company has a 50 day moving average of $28.92 and a 200 day moving average of $33.22.

Institutional Trading of Direxion Daily Junior Gold Miners Index Bear 2X ETF

An institutional investor recently raised its stake in Direxion Daily Junior Gold Miners Index Bear 2X ETF stock. Virtu Financial LLC raised its holdings in shares of Direxion Daily Junior Gold Miners Index Bear 2X ETF (NYSEARCA:JDST) by 112.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 466,836 shares of the company’s stock after acquiring an additional 246,859 shares during the quarter. Virtu Financial LLC owned approximately 1.61% of Direxion Daily Junior Gold Miners Index Bear 2X ETF worth $1,228,000 as of its most recent filing with the SEC.

About Direxion Daily Junior Gold Miners Index Bear 2X ETF

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.