Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Short Interest Up 48.9% in February

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 6,349,148 shares, a growth of 48.9% from the February 12th total of 4,264,156 shares. Based on an average trading volume of 34,924,516 shares, the short-interest ratio is currently 0.2 days. Approximately 437.9% of the company’s shares are sold short. Approximately 437.9% of the company’s shares are sold short. Based on an average trading volume of 34,924,516 shares, the short-interest ratio is currently 0.2 days.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Stock Performance

Direxion Daily Junior Gold Miners Index Bear 2X Shares stock opened at $35.50 on Friday. Direxion Daily Junior Gold Miners Index Bear 2X Shares has a 1 year low of $22.80 and a 1 year high of $422.00. The firm has a 50 day moving average price of $34.24 and a 200 day moving average price of $66.61.

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

Institutional investors have recently made changes to their positions in the stock. Raffles Associates LP purchased a new stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares during the fourth quarter valued at about $1,118,000. HRT Financial LP purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 4th quarter worth about $723,000. Group One Trading LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 4th quarter worth about $1,080,000. Simplex Trading LLC acquired a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 4th quarter valued at about $369,000. Finally, Qube Research & Technologies Ltd acquired a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares in the 3rd quarter valued at about $499,000.

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.