Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) Shares Gap Down – Here’s What Happened

Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $46.26, but opened at $44.93. Direxion Daily Gold Miners Index Bear 2x Shares shares last traded at $45.59, with a volume of 172,822 shares changing hands.

Direxion Daily Gold Miners Index Bear 2x Shares Price Performance

The business’s 50-day moving average price is $57.25 and its 200-day moving average price is $280.07.

Institutional Trading of Direxion Daily Gold Miners Index Bear 2x Shares

Large investors have recently bought and sold shares of the stock. BNP Paribas Financial Markets acquired a new position in shares of Direxion Daily Gold Miners Index Bear 2x Shares in the 4th quarter valued at $3,438,000. JPMorgan Chase & Co. raised its position in Direxion Daily Gold Miners Index Bear 2x Shares by 131.9% during the fourth quarter. JPMorgan Chase & Co. now owns 443 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 252 shares during the period. Spire Wealth Management acquired a new position in Direxion Daily Gold Miners Index Bear 2x Shares during the fourth quarter worth $254,000. Finally, Virtu Financial LLC raised its position in Direxion Daily Gold Miners Index Bear 2x Shares by 163.9% during the third quarter. Virtu Financial LLC now owns 560,878 shares of the exchange traded fund’s stock worth $2,995,000 after acquiring an additional 348,346 shares during the period.

Direxion Daily Gold Miners Index Bear 2x Shares Company Profile

The Direxion Daily Gold Miners Index Bear 2X Shares (DUST) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x inverse exposure to a market-cap-weighted index of global gold and silver mining firms. DUST was launched on Dec 8, 2010 and is managed by Direxion.