Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Reaches New 1-Year Low – What’s Next?

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $19.97 and last traded at $20.47, with a volume of 1030739 shares trading hands. The stock had previously closed at $21.37.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Stock Down 3.0 %

The stock has a fifty day moving average price of $26.51 and a 200 day moving average price of $27.69.

Institutional Investors Weigh In On Direxion Daily Junior Gold Miners Index Bear 2X Shares

An institutional investor recently raised its position in Direxion Daily Junior Gold Miners Index Bear 2X Shares stock. Virtu Financial LLC raised its position in Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) by 79.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 316,619 shares of the company’s stock after purchasing an additional 140,118 shares during the quarter. Direxion Daily Junior Gold Miners Index Bear 2X Shares accounts for approximately 0.5% of Virtu Financial LLC’s holdings, making the stock its 19th biggest holding. Virtu Financial LLC owned approximately 1.29% of Direxion Daily Junior Gold Miners Index Bear 2X Shares worth $9,774,000 at the end of the most recent quarter.

About Direxion Daily Junior Gold Miners Index Bear 2X Shares

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.