Direxion Daily Gold Miners Index Bear 2X ETF (NYSEARCA:DUST) Sees Significant Growth in Short Interest

Direxion Daily Gold Miners Index Bear 2X ETF (NYSEARCA:DUSTGet Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 400,739 shares, an increase of 88.2% from the August 15th total of 212,917 shares. Based on an average trading volume of 2,200,702 shares, the short-interest ratio is presently 0.2 days. Currently, 36.1% of the shares of the company are short sold.

Direxion Daily Gold Miners Index Bear 2X ETF Stock Performance

NYSEARCA:DUST opened at $34.22 on Friday. Direxion Daily Gold Miners Index Bear 2X ETF has a one year low of $29.01 and a one year high of $143.70. The business has a fifty day moving average price of $45.99 and a 200-day moving average price of $50.31.

Institutional Trading of Direxion Daily Gold Miners Index Bear 2X ETF

An institutional investor recently bought a new stake in Direxion Daily Gold Miners Index Bear 2X ETF stock. Virtu Financial LLC bought a new position in Direxion Daily Gold Miners Index Bear 2X ETF (NYSEARCA:DUSTFree Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 613,803 shares of the exchange traded fund’s stock, valued at approximately $4,567,000. Virtu Financial LLC owned 1.90% of Direxion Daily Gold Miners Index Bear 2X ETF as of its most recent filing with the SEC.

Direxion Daily Gold Miners Index Bear 2X ETF Company Profile

(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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