Direxion Daily Junior Gold Miners Index Bull 3x Shares (NYSEARCA:JNUG) Shares Set to Reverse Split on Friday, June 28th

Shares of Direxion Daily Junior Gold Miners Index Bull 3x Shares (NYSEARCA:JNUG) are going to reverse split on the morning of Friday, June 28th. The 1-5 reverse split was announced on Friday, May 24th. The number of shares owned by shareholders will be adjusted after the closing bell on Thursday, June 27th.

Direxion Daily Junior Gold Miners Index Bull 3x Shares stock opened at $8.11 on Wednesday. Direxion Daily Junior Gold Miners Index Bull 3x Shares has a 1-year low of $6.13 and a 1-year high of $15.22.

Several institutional investors have recently bought and sold shares of JNUG. Arlington Capital Management Inc. purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 3x Shares during the first quarter worth about $128,000. IMC Chicago LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 3x Shares during the first quarter worth about $483,000. Finally, U S Global Investors Inc. boosted its holdings in shares of Direxion Daily Junior Gold Miners Index Bull 3x Shares by 6.7% during the fourth quarter. U S Global Investors Inc. now owns 400,000 shares of the exchange traded fund’s stock worth $3,685,000 after purchasing an additional 25,000 shares during the period.

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