Full Answer
What are JDST stock prices for the last 5 days?
Looking back at JDST historical stock prices for the last five trading days, on January 10, 2022, JDST opened at $12.50, traded as high as $12.73 and as low as $12.01, and closed at $12.02. Trading volume was a total of 3.26M shares. On January 11, 2022, JDST opened at $11.99, traded as high as $12.21 and as low as $11.34, and closed at $11.35.
What happened to the JDST?
One of the biggest movers in the market recently has been the Direxion Shares Exchange Traded Fund Trust (NYSE: JDST ). After a 15 percent drop last Friday to close out the week, the JDST plummeted another 13 percent on Monday.
Is the JDST a commodity ETF?
Year-to-date, the JDST ETF is now down 51.5 percent. While casual traders may know that the JDST is a gold-related ETF, it's certainly not the standard commodity ETF. According to the Direxion website, the JDST has a very specific target:
What is the JDST Gold Fund?
The JDST is a popular trading tool among gold traders who want to day trade gold prices, but it’s not meant to be a longer-term holding. The fund is constantly adjusting its positions on a daily basis, meaning it suffers from time-value decay known as contango.
Is JDST going to reverse split?
As a result of the reverse stock split, each JDST Common Share will be converted into the right to receive 0.04 (New) Direxion Daily Junior Gold Miners Index Bear 2X Shares. The reverse stock split will become effective before the market open on April 23, 2020.
Is JDST a good investment?
Our Ai stock analyst implies that there will be a positive trend in the future and the JDST shares might be good for investing for making money. Since this share has a positive outlook we recommend it as a part in your portfolio.
When should I buy JDST?
The time to consider buying into JDST is when the stock market is on a steady upward trajectory, and gold is trending downward.
Did JNUG reverse split?
Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) has announced a 1-for-10 reverse stock split. As a result of the reverse stock split, each JNUG Common Share will be converted into the right to receive 0.10 (New) Direxion Daily Junior Gold Miners Index Bull 2X Shares.
Will JDST ever go up?
Given the current short-term trend, the ETF is expected to rise 41.38% during the next 3 months and, with a 90% probability hold a price between $13.63 and $20.23 at the end of this 3-month period.
What is the inverse of JDST?
JDST Factset Analytics Insight JDST provides geared inverse exposure (-2x) to the MVIS Global Junior Gold Miners Index, a cap-weighted index of global gold mining companies that derive at least 50% of their revenue from gold or silver mining activities.
Is JNUG a long term investment?
The leverage is achieved through the use of rather sophisticated financial instruments, such as swaps, futures, and options. However, the daily resetting involved in JNUG stock is rather complex and makes it a no-go as a long-term holding. The compounding effects of daily returns work against long-term investors.
What is the inverse of JNUG?
The Direxion Daily Junior Gold Miners Index Bull (JNUG) and Bear (JDST) 2X Shares seek daily investment results, before fees and expenses, of 200%, or 200% of the inverse (or opposite), of the performance of the MVIS Global Junior Gold Miners Index.
Should you buy before or after a stock split?
Should you buy before or after a stock split? Theoretically, stock splits by themselves shouldn't influence share prices after they take effect since they're essentially just cosmetic changes.
What makes JNUG rise?
Gold's Momentum and the JNUG ETF Gold prices are on the rise in general over concerns of the massive stimulus action the US government has taken this year to support the economy. The general idea is that the more money the government prints out of thin air, the less the dollar will be worth.
Is JNUG an ETF?
Direxion Daily Junior Gold Miners Index Bull 2x Shares ETF (NYSEARCA:JNUG) makes no apologies that it is a trading vehicle.
How has Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock price performed in 2022?
Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock was trading at $10.82 on January 1st, 2022. Since then, JDST stock has decreased by 1...
When did Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock split? How did Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock split work?
Shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares reverse split on Thursday, April 23rd 2020. The 1-25 reverse split was announced o...
What other stocks do shareholders of Direxion Daily Junior Gold Miners Index Bear 2X Shares own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Junior Gold Miners Index Bear 2X Shares inve...
What is Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock symbol?
Direxion Daily Junior Gold Miners Index Bear 2X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "JDST."
Who are Direxion Daily Junior Gold Miners Index Bear 2X Shares' major shareholders?
Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock is owned by a variety of institutional and retail investors. Top institutional shareh...
Which major investors are selling Direxion Daily Junior Gold Miners Index Bear 2X Shares stock?
JDST stock was sold by a variety of institutional investors in the last quarter, including Simplex Trading LLC, Cutler Group LP, and Goldman Sachs...
Which major investors are buying Direxion Daily Junior Gold Miners Index Bear 2X Shares stock?
JDST stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Jane Street Group LLC, Virtu Financia...
How do I buy shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares?
Shares of JDST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBul...
What is Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock price today?
One share of JDST stock can currently be purchased for approximately $9.20.
How has Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock been impacted by Coronavirus?
Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock was trading at $14.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, JDST shares have decreased by 35.0% and is now trading at $9.64. View which stocks have been most impacted by COVID-19.
When did Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock split? How did Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock split work?
Shares of Direxion Daily Junior Gold Miners Index Bear 2X Shares reverse split on the morning of Thursday, April 23rd 2020. The 1-25 reverse split was announced on Wednesday, April 8th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, April 22nd 2020.
What other stocks do shareholders of Direxion Daily Junior Gold Miners Index Bear 2X Shares own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Junior Gold Miners Index Bear 2X Shares investors own include Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG), Achillion Pharmaceuticals (ACHN), Direxion Daily Gold Miners Index Bull 2x Shares (NUGT), Frontier Communications (FTR), Direxion Daily Gold Miners Index Bear 2x Shares (DUST), Carnival Co.
What is Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock symbol?
Direxion Daily Junior Gold Miners Index Bear 2X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "JDST."
Who are Direxion Daily Junior Gold Miners Index Bear 2X Shares' major shareholders?
Direxion Daily Junior Gold Miners Index Bear 2X Shares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Wolverine Trading LLC (0.00%), Citadel Advisors LLC (0.00%), Cutler Group LP (0.00%), Susquehanna International Group LLP (0.00%), Goldman Sachs Group Inc.
Which institutional investors are selling Direxion Daily Junior Gold Miners Index Bear 2X Shares stock?
JDST stock was sold by a variety of institutional investors in the last quarter, including Citadel Advisors LLC, Susquehanna International Group LLP, Goldman Sachs Group Inc., and Goldman Sachs Group Inc..
Which institutional investors are buying Direxion Daily Junior Gold Miners Index Bear 2X Shares stock?
JDST stock was acquired by a variety of institutional investors in the last quarter, including Wolverine Trading LLC, JPMorgan Chase & Co., Qube Research & Technologies Ltd, Qube Research & Technologies Ltd, and Cutler Group LP.
What percentage of JDST was down in 2017?
JDST’s 50 percent 2017 decline starts to make sense in light of the fact that all three of these stocks are up between 5.4 and 18.5 percent in 2017. The JDST is a popular trading tool among gold traders who want to day trade gold prices, but it’s not meant to be a longer-term holding.
Is JDST a commodity?
Year-to-date, the JDST ETF is now down 51.5 percent. While casual traders may know that the JDST is a gold-related ETF, it's certainly not the standard commodity ETF. According to the Direxion website, the JDST has a very specific target: