Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $37.07 and traded as high as $37.15. Direxion Daily 20+ Year Treasury Bear 3x Shares shares last traded at $37.06, with a volume of 881,136 shares changing hands.
Direxion Daily 20+ Year Treasury Bear 3x Shares Stock Performance
The firm has a 50-day moving average price of $38.35 and a 200 day moving average price of $37.09.
Hedge Funds Weigh In On Direxion Daily 20+ Year Treasury Bear 3x Shares
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Cim LLC grew its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 1.5% in the 1st quarter. Cim LLC now owns 148,479 shares of the exchange traded fund’s stock valued at $5,547,000 after acquiring an additional 2,265 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares by 38.0% during the first quarter. Royal Bank of Canada now owns 4,436 shares of the exchange traded fund’s stock worth $166,000 after purchasing an additional 1,222 shares in the last quarter. Renaissance Technologies LLC purchased a new position in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the first quarter valued at approximately $1,984,000. Virtu Financial LLC boosted its stake 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 valued at $613,000 after purchasing an additional 1,785 shares during the period. Finally, Quadrature Capital Ltd acquired a new position in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the fourth quarter valued at approximately $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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