Direxion Small Cap Bull 3X Shares (NYSEARCA:TNA) was the target of unusually large options trading on Friday. Stock traders bought 737 call options on the stock. This is an increase of 155% compared to the typical daily volume of 289 call options.

Several institutional investors have recently bought and sold shares of TNA. Traynor Capital Management Inc. raised its stake in Direxion Small Cap Bull 3X Shares by 11.5% in the 2nd quarter. Traynor Capital Management Inc. now owns 14,485 shares of the exchange traded fund’s stock worth $834,000 after acquiring an additional 1,490 shares during the last quarter. Sigma Planning Corp raised its stake in Direxion Small Cap Bull 3X Shares by 80.4% in the 2nd quarter. Sigma Planning Corp now owns 3,674 shares of the exchange traded fund’s stock worth $205,000 after acquiring an additional 1,637 shares during the last quarter. SG Americas Securities LLC raised its stake in Direxion Small Cap Bull 3X Shares by 51.6% in the 2nd quarter. SG Americas Securities LLC now owns 28,800 shares of the exchange traded fund’s stock worth $1,606,000 after acquiring an additional 9,800 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in Direxion Small Cap Bull 3X Shares by 100.0% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 170,040 shares of the exchange traded fund’s stock worth $9,480,000 after acquiring an additional 85,020 shares during the last quarter. Finally, Advisor Group Inc. raised its stake in Direxion Small Cap Bull 3X Shares by 104.3% in the 2nd quarter. Advisor Group Inc. now owns 2,070 shares of the exchange traded fund’s stock worth $107,000 after acquiring an additional 1,057 shares during the last quarter.

Direxion Small Cap Bull 3X Shares (TNA) opened at 53.67 on Monday. Direxion Small Cap Bull 3X Shares has a 1-year low of $31.36 and a 1-year high of $60.28. The stock has a 50 day moving average price of $53.83 and a 200 day moving average price of $53.59.

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Direxion Small Cap Bull 3X Shares Company Profile

Direxion Daily Small Cap Bull 3X Shares (the Fund), formerly Direxion Small Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe, and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index.

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