Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUSTGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $52.89 and traded as low as $47.91. Direxion Daily Gold Miners Index Bear 2x Shares shares last traded at $48.93, with a volume of 1,405,574 shares.

Direxion Daily Gold Miners Index Bear 2x Shares Price Performance

The business has a 50-day moving average price of $60.05 and a 200-day moving average price of $52.89.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in Direxion Daily Gold Miners Index Bear 2x Shares during the fourth quarter worth about $4,567,000. Hamilton Wealth LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares in the 4th quarter valued at approximately $461,000. IMC Chicago LLC acquired a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the 4th quarter worth approximately $397,000. XTX Topco Ltd purchased a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the 4th quarter valued at approximately $340,000. Finally, Jump Financial LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bear 2x Shares during the 4th quarter valued at approximately $4,483,000.

About Direxion Daily Gold Miners Index Bear 2x Shares

(Get Free Report)

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.

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