Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Shares Pass Above 50-Day Moving Average – Should You Sell?

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDSTGet Free Report)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $33.55 and traded as high as $34.24. Direxion Daily Junior Gold Miners Index Bear 2X Shares shares last traded at $33.88, with a volume of 842,718 shares traded.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Trading Up 15.1%

The stock has a fifty day simple moving average of $33.55 and a two-hundred day simple moving average of $46.51.

Hedge Funds Weigh In On Direxion Daily Junior Gold Miners Index Bear 2X Shares

Institutional investors and hedge funds have recently made changes to their positions in the stock. Traynor Capital Management Inc. bought a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 3rd quarter worth about $43,000. StoneX Group Inc. bought a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 2nd quarter worth about $173,000. Walleye Capital LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 2nd quarter worth about $193,000. Two Sigma Securities LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 2nd quarter worth about $618,000. Finally, XTX Topco Ltd bought a new position in shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares during the 4th quarter worth about $222,000.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Direxion Daily Junior Gold Miners Index Bear 2X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Junior Gold Miners Index Bear 2X Shares and related companies with MarketBeat.com's FREE daily email newsletter.