Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) Short Interest Down 52.8% in February

Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) was the recipient of a large decline in short interest in February. As of February 27th, there was short interest totaling 12,471 shares, a decline of 52.8% from the February 12th total of 26,443 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average trading volume of 32,590 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 32,590 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On Direxion Daily 7-10 Year Treasury Bull 3x Shares

A number of large investors have recently bought and sold shares of the company. Simplex Trading LLC boosted its stake in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 78.4% in the second quarter. Simplex Trading LLC now owns 5,279 shares of the company’s stock valued at $133,000 after buying an additional 2,320 shares in the last quarter. Jane Street Group LLC acquired a new position in Direxion Daily 7-10 Year Treasury Bull 3x Shares during the second quarter worth about $2,954,000. ORG Wealth Partners LLC lifted its holdings in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 29.5% in the third quarter. ORG Wealth Partners LLC now owns 16,471 shares of the company’s stock worth $423,000 after acquiring an additional 3,756 shares during the last quarter. Group One Trading LLC boosted its stake in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 7,611.1% in the 3rd quarter. Group One Trading LLC now owns 1,388 shares of the company’s stock valued at $36,000 after purchasing an additional 1,370 shares in the last quarter. Finally, Virtu Financial LLC boosted its stake in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 37.0% in the 3rd quarter. Virtu Financial LLC now owns 50,022 shares of the company’s stock valued at $1,285,000 after purchasing an additional 13,511 shares in the last quarter.

Direxion Daily 7-10 Year Treasury Bull 3x Shares Stock Performance

Shares of TYD traded down $0.25 during trading hours on Thursday, hitting $25.01. 15,962 shares of the company were exchanged, compared to its average volume of 31,643. Direxion Daily 7-10 Year Treasury Bull 3x Shares has a fifty-two week low of $23.42 and a fifty-two week high of $27.30. The firm’s fifty day moving average is $25.58 and its 200 day moving average is $25.88.

About Direxion Daily 7-10 Year Treasury Bull 3x Shares

Direxion Daily 7-10 Year Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 10-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 7-10 Year Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the intermediate 7 to 10 year maturity range of the United States Treasury bond market. Rafferty Asset Management, LLC is the Fund’s investment adviser.