Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) Shares Gap Up – Should You Buy?

Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) gapped up prior to trading on Friday . The stock had previously closed at $66.43, but opened at $68.12. Direxion Daily Gold Miners Index Bear 2x Shares shares last traded at $67.72, with a volume of 63,227 shares.

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

The firm has a fifty day moving average price of $142.53 and a two-hundred day moving average price of $458.22.

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 13F filing with the SEC. The firm acquired 29,657 shares of the exchange traded fund’s stock, valued at approximately $226,000. Squarepoint Ops LLC owned 0.14% of Direxion Daily Gold Miners Index Bear 2x Shares as of its most recent SEC filing.

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.