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

Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $68.77, but opened at $66.66. Direxion Daily Gold Miners Index Bear 2x Shares shares last traded at $65.21, with a volume of 123,307 shares changing hands.

Direxion Daily Gold Miners Index Bear 2x Shares Stock Up 1.8 %

The stock has a 50 day moving average of $95.53 and a two-hundred day moving average of $428.08.

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

A hedge fund recently raised its stake in Direxion Daily Gold Miners Index Bear 2x Shares stock. Virtu Financial LLC increased its position in shares of Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) by 163.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 560,878 shares of the exchange traded fund’s stock after purchasing an additional 348,346 shares during the period. Virtu Financial LLC owned about 2.59% of Direxion Daily Gold Miners Index Bear 2x Shares worth $2,995,000 at the end of the most recent reporting period.

About Direxion Daily Gold Miners Index Bear 2x Shares

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.