Direxion Small Cap Bull 3X Shares (NYSEARCA:TNA) saw some unusual options trading activity on Wednesday. Stock traders acquired 737 call options on the stock. This represents an increase of approximately 155% compared to the typical volume of 289 call options.

Several institutional investors have recently added to or reduced their stakes in TNA. Commerzbank Aktiengesellschaft FI raised its holdings in shares of Direxion Small Cap Bull 3X Shares by 100.0% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 170,040 shares of the exchange traded fund’s stock valued at $9,480,000 after purchasing an additional 85,020 shares in the last quarter. David R. Rahn & Associates Inc. bought a new position in shares of Direxion Small Cap Bull 3X Shares during the 3rd quarter valued at $3,680,000. Virtu KCG Holdings LLC raised its holdings in shares of Direxion Small Cap Bull 3X Shares by 991.8% during the 2nd quarter. Virtu KCG Holdings LLC now owns 38,946 shares of the exchange traded fund’s stock valued at $2,171,000 after purchasing an additional 35,379 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Direxion Small Cap Bull 3X Shares by 324.0% during the 2nd quarter. Royal Bank of Canada now owns 26,257 shares of the exchange traded fund’s stock valued at $1,464,000 after purchasing an additional 20,065 shares in the last quarter. Finally, Alpha Cubed Investments LLC bought a new position in shares of Direxion Small Cap Bull 3X Shares during the 3rd quarter valued at $1,111,000.

Shares of Direxion Small Cap Bull 3X Shares (TNA) opened at $65.12 on Friday. Direxion Small Cap Bull 3X Shares has a 52-week low of $31.36 and a 52-week high of $68.23.

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About Direxion Small Cap Bull 3X Shares

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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