Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) Stock Price Cross Above Two Hundred Day Moving Average – Here’s What Happened

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $34.20 and traded as high as $38.81. Direxion Daily 20 Year Plus Treasury Bear 3x Shares shares last traded at $38.74, with a volume of 759,764 shares.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Price Performance

The stock has a fifty day moving average of $39.05 and a two-hundred day moving average of $34.20.

Institutional Trading of Direxion Daily 20 Year Plus Treasury Bear 3x Shares

A number of institutional investors and hedge funds have recently bought and sold shares of TMV. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth about $12,153,000. Jump Financial LLC raised its holdings in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 401.3% during the 4th quarter. Jump Financial LLC now owns 139,261 shares of the exchange traded fund’s stock valued at $5,533,000 after buying an additional 111,482 shares during the period. Virtu Financial LLC lifted its position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 20.0% during the 3rd quarter. Virtu Financial LLC now owns 52,208 shares of the exchange traded fund’s stock worth $1,509,000 after acquiring an additional 8,686 shares in the last quarter. IMC Chicago LLC purchased a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter worth approximately $1,539,000. Finally, MADDEN SECURITIES Corp acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the fourth quarter valued at approximately $377,000.

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.