Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) Declares Dividend Increase – $0.93 Per Share

Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) announced a quarterly dividend on Tuesday, December 30th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.9282 per share by the exchange traded fund on Thursday, January 8th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, December 31st. This is a 1,206.9% increase from Direxion Daily Junior Gold Miners Index Bull 2X Shares’s previous quarterly dividend of $0.07.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Stock Down 0.1%

Shares of JNUG stock traded down $0.22 during mid-day trading on Wednesday, reaching $212.34. The company’s stock had a trading volume of 63,872 shares, compared to its average volume of 511,795. The company’s 50 day simple moving average is $171.22 and its 200-day simple moving average is $132.14. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a 12-month low of $35.29 and a 12-month high of $240.17. The firm has a market capitalization of $719.83 million, a PE ratio of 27.33 and a beta of 1.45.

Institutional Investors Weigh In On Direxion Daily Junior Gold Miners Index Bull 2X Shares

A number of large investors have recently modified their holdings of JNUG. ORG Partners LLC grew its position in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 405.2% in the second quarter. ORG Partners LLC now owns 1,263 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 1,013 shares in the last quarter. Headlands Technologies LLC boosted its holdings in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 8,942.9% in the second quarter. Headlands Technologies LLC now owns 2,532 shares of the exchange traded fund’s stock valued at $201,000 after purchasing an additional 2,504 shares during the last quarter. HighTower Advisors LLC acquired a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 1st quarter valued at approximately $274,000. Simplex Trading LLC acquired a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the second quarter worth approximately $481,000. Finally, Qube Research & Technologies Ltd boosted its stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 693.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 7,253 shares of the exchange traded fund’s stock valued at $576,000 after acquiring an additional 6,339 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.