Shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $33.11 and traded as high as $42.01. Direxion Daily 20 Year Plus Treasury Bear 3x Shares shares last traded at $41.83, with a volume of 1,684,833 shares.
Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Performance
The company has a fifty day simple moving average of $36.15 and a two-hundred day simple moving average of $33.11.
Hedge Funds Weigh In On Direxion Daily 20 Year Plus Treasury Bear 3x Shares
An institutional investor recently raised its position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares stock. Virtu Financial LLC grew its position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report) by 20.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 52,208 shares of the exchange traded fund’s stock after purchasing an additional 8,686 shares during the period. Virtu Financial LLC owned approximately 0.72% of Direxion Daily 20 Year Plus Treasury Bear 3x Shares worth $1,509,000 at the end of the most recent quarter.
About Direxion Daily 20 Year Plus 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.
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