Direxion Daily Gold Miners Index Bull 2x ETF (NYSEARCA:NUGT) Shares Down 8.4% – Time to Sell?

Posted by Patrick Bannon on Sep 28th, 2026

Direxion Daily Gold Miners Index Bull 2x ETF (NYSEARCA:NUGT – Get Free Report) traded down 8.4% on Monday. The company traded as low as $146.17 and last traded at $151.89. 297,067 shares were traded during trading, a decline of 58% from the average daily volume of 700,586 shares. The stock had previously closed at $165.74.

Direxion Daily Gold Miners Index Bull 2x ETF Trading Down 9.7%

The company has a 50 day moving average of $163.36 and a 200-day moving average of $164.27. The firm has a market capitalization of $1.00 billion, a P/E ratio of 22.41 and a beta of 1.37.

Institutional Investors Weigh In On Direxion Daily Gold Miners Index Bull 2x ETF

Institutional investors have recently modified their holdings of the business. Virtu Financial LLC boosted its stake in Direxion Daily Gold Miners Index Bull 2x ETF by 548.5% in the fourth quarter. Virtu Financial LLC now owns 35,648 shares of the exchange traded fund’s stock valued at $6,554,000 after buying an additional 30,151 shares in the last quarter. Headlands Technologies LLC acquired a new position in Direxion Daily Gold Miners Index Bull 2x ETF during the second quarter worth about $1,282,000. Frazier Financial Advisors LLC acquired a new position in Direxion Daily Gold Miners Index Bull 2x ETF during the first quarter worth about $753,000. Optiver Holding B.V. lifted its holdings in shares of Direxion Daily Gold Miners Index Bull 2x ETF by 72.3% in the first quarter. Optiver Holding B.V. now owns 3,052 shares of the exchange traded fund’s stock worth $575,000 after acquiring an additional 1,281 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Direxion Daily Gold Miners Index Bull 2x ETF by 160.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,670 shares of the exchange traded fund’s stock valued at $195,000 after purchasing an additional 1,028 shares in the last quarter.

About Direxion Daily Gold Miners Index Bull 2x ETF

(Get Free Report)

The Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x leveraged exposure to a market-cap-weighted index of global gold and silver mining firms. NUGT was launched on Dec 8, 2010 and is managed by Direxion.