Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) Shares Scheduled to Reverse Split on Monday, July 1st

Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST)’s stock is going to reverse split on the morning of Monday, July 1st. The 1-10 reverse split was announced on Monday, July 1st. The number of shares owned by shareholders will be adjusted after the market closes on Monday, July 1st.

Direxion Daily Junior Gold Miners Index Bear 2X Shares Stock Up 1.3 %

NYSEARCA JDST opened at $3.85 on Friday. Direxion Daily Junior Gold Miners Index Bear 2X Shares has a 52 week low of $3.20 and a 52 week high of $9.20. The firm’s 50-day simple moving average is $3.84 and its two-hundred day simple moving average is $5.22.

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

An institutional investor recently raised its position in Direxion Daily Junior Gold Miners Index Bear 2X Shares stock. Headlands Technologies LLC grew its stake in Direxion Daily Junior Gold Miners Index Bear 2X Shares (NYSEARCA:JDST) by 42,374.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,361 shares of the company’s stock after buying an additional 23,306 shares during the period. Headlands Technologies LLC owned approximately 0.09% of Direxion Daily Junior Gold Miners Index Bear 2X Shares worth $115,000 at the end of the most recent reporting period.

About Direxion Daily Junior Gold Miners Index Bear 2X Shares

The Direxion Daily Junior Gold Miners Index Bear 2X Shares (JDST) 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. JDST was launched on Oct 3, 2013 and is managed by Direxion.