Direxion Daily 20+ Year Treasury Bull 3x Shares Target of Unusually High Options Trading (NYSEARCA:TMF)

Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) saw unusually large options trading activity on Monday. Stock investors acquired 48,133 call options on the stock. This is an increase of approximately 110% compared to the average volume of 22,935 call options.

Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Down 0.4%

NYSEARCA:TMF traded down $0.14 during trading hours on Monday, hitting $38.12. 2,422,243 shares of the company were exchanged, compared to its average volume of 7,536,559. Direxion Daily 20+ Year Treasury Bull 3x Shares has a one year low of $33.51 and a one year high of $48.98. The company has a fifty day simple moving average of $40.84 and a 200 day simple moving average of $39.22.

Institutional Trading of Direxion Daily 20+ Year Treasury Bull 3x Shares

Several institutional investors have recently added to or reduced their stakes in the stock. Jump Financial LLC raised its holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares by 381.2% during the 1st quarter. Jump Financial LLC now owns 223,798 shares of the company’s stock worth $9,847,000 after purchasing an additional 177,291 shares during the last quarter. Royal Bank of Canada raised its stake in Direxion Daily 20+ Year Treasury Bull 3x Shares by 5.4% during the first quarter. Royal Bank of Canada now owns 24,602 shares of the company’s stock worth $1,082,000 after buying an additional 1,265 shares during the last quarter. NewEdge Advisors LLC bought a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares during the first quarter worth $301,000. Goldman Sachs Group Inc. acquired a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares in the first quarter valued at $1,356,000. Finally, Integrity Alliance LLC. boosted its position in Direxion Daily 20+ Year Treasury Bull 3x Shares by 104.0% during the first quarter. Integrity Alliance LLC. now owns 15,299 shares of the company’s stock valued at $673,000 after acquiring an additional 7,799 shares during the last quarter.

Direxion Daily 20+ Year Treasury Bull 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% 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. The Index constituent bonds are weighted by their relative amounts outstanding.