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 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 traded.

Direxion Daily Gold Miners Index Bear 2x Shares Stock Down 7.2 %

The firm has a 50 day moving average price of $112.22 and a 200-day moving average price of $435.84.

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

An institutional investor recently raised its position in Direxion Daily Gold Miners Index Bear 2x Shares stock. Virtu Financial LLC lifted its stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) by 163.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 560,878 shares of the exchange traded fund’s stock after buying an additional 348,346 shares during the quarter. 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.

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.