Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) Short Interest Update

Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 114,917 shares, a decline of 56.8% from the June 15th total of 266,203 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average trading volume of 371,022 shares, the days-to-cover ratio is currently 0.3 days.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Trading Up 6.3%

JNUG stock traded up $7.08 during trading on Tuesday, hitting $119.63. The company had a trading volume of 213,883 shares, compared to its average volume of 304,124. The stock has a market cap of $351.71 million, a PE ratio of 27.33 and a beta of 1.62. The business has a 50-day moving average of $155.62 and a 200-day moving average of $213.21. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a one year low of $70.02 and a one year high of $363.55.

Institutional Trading of Direxion Daily Junior Gold Miners Index Bull 2X Shares

A number of institutional investors have recently bought and sold shares of the company. TD Waterhouse Canada Inc. purchased a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the fourth quarter valued at $28,000. Caitlin John LLC acquired a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the fourth quarter valued at about $33,000. ORG Partners LLC boosted its stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 26.8% during the 4th quarter. ORG Partners LLC now owns 478 shares of the exchange traded fund’s stock valued at $99,000 after purchasing an additional 101 shares during the last quarter. Rachor Investment Advisory Services LLC bought a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the fourth quarter worth $137,000. Finally, SBI Securities Co. Ltd. raised its position in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 122.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,271 shares of the exchange traded fund’s stock valued at $263,000 after buying an additional 699 shares during the last quarter.

About Direxion Daily Junior Gold Miners Index Bull 2X Shares

The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is managed by Direxion.