Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV – Get Rating) traded up 2.8% during mid-day trading on Friday . The company traded as high as $106.49 and last traded at $106.32. 3,140 shares were traded during mid-day trading, a decline of 100% from the average session volume of 677,600 shares. The stock had previously closed at $103.46.
The business has a 50 day simple moving average of $103.27 and a 200 day simple moving average of $81.57.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the first quarter worth $33,000. Virtu Financial LLC acquired a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 1st quarter worth $456,000. M.D. Sass Investors Services Inc. acquired a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 1st quarter worth $600,000. Gagnon Securities LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 1st quarter worth about $2,356,000. Finally, Gagnon Advisors LLC acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 1st quarter valued at about $3,307,000.
About Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV)
Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.
See Also
Receive News & Ratings for Direxion Daily 20 Year Plus Treasury Bear 3x Shares Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Direxion Daily 20 Year Plus Treasury Bear 3x Shares and related companies with MarketBeat.com’s FREE daily email newsletter.
