Shares of Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $35.62 and traded as high as $36.89. Direxion Daily 20+ Year Treasury Bear 3x Shares shares last traded at $36.66, with a volume of 810,837 shares.
Direxion Daily 20+ Year Treasury Bear 3x Shares Stock Down 2.5%
The company has a fifty day moving average of $36.10 and a 200 day moving average of $35.63.
Institutional Trading of Direxion Daily 20+ Year Treasury Bear 3x Shares
Large investors have recently modified their holdings of the company. Group One Trading LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the third quarter worth $75,000. Headlands Technologies LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the fourth quarter worth $208,000. Creative Planning bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the second quarter worth $236,000. Virtu Financial LLC grew its holdings in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares by 12.1% in the fourth quarter. Virtu Financial LLC now owns 16,503 shares of the exchange traded fund’s stock worth $613,000 after acquiring an additional 1,785 shares during the period. Finally, Quadrature Capital Ltd bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the fourth quarter worth $614,000.
About Direxion Daily 20+ Year Treasury Bear 3x Shares
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. The Index constituent bonds are weighted by their relative amounts outstanding.
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