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

Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST)’s stock 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 traded.

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

The firm’s 50-day moving average price is $95.53 and its two-hundred day moving average price is $428.08.

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

An institutional investor recently bought a new position in Direxion Daily Gold Miners Index Bear 2x Shares stock. Squarepoint Ops LLC acquired a new position in shares of Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 29,657 shares of the exchange traded fund’s stock, valued at approximately $226,000. Squarepoint Ops LLC owned about 0.14% of Direxion Daily Gold Miners Index Bear 2x Shares at the end of the most recent quarter.

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.