Direxion Daily 20+ Year Treasury Bull 3x Shares Sees Unusually High Options Volume (NYSEARCA:TMF)

Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) was the target of unusually large options trading on Wednesday. Investors acquired 32,039 put options on the company. This represents an increase of 35% compared to the typical daily volume of 23,749 put options.

Hedge Funds Weigh In On Direxion Daily 20+ Year Treasury Bull 3x Shares

Several institutional investors have recently modified their holdings of the company. PMV Capital Advisers LLC increased its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 5.7% in the 4th quarter. PMV Capital Advisers LLC now owns 8,892 shares of the company’s stock worth $332,000 after acquiring an additional 479 shares during the period. Royal Bank of Canada grew its position in Direxion Daily 20+ Year Treasury Bull 3x Shares by 5.4% in the 1st quarter. Royal Bank of Canada now owns 24,602 shares of the company’s stock worth $1,082,000 after purchasing an additional 1,265 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 3.2% in the third quarter. SG Americas Securities LLC now owns 103,388 shares of the company’s stock valued at $4,154,000 after purchasing an additional 3,248 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares in the third quarter valued at approximately $145,000. Finally, LifeGuide Financial Advisors LLC raised its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 19.4% during the second quarter. LifeGuide Financial Advisors LLC now owns 24,294 shares of the company’s stock valued at $953,000 after buying an additional 3,940 shares during the last quarter.

Direxion Daily 20+ Year Treasury Bull 3x Shares Price Performance

Shares of NYSEARCA TMF opened at $37.42 on Friday. Direxion Daily 20+ Year Treasury Bull 3x Shares has a 12-month low of $33.51 and a 12-month high of $48.98. The stock’s 50 day simple moving average is $39.39 and its 200 day simple moving average is $39.25.

About Direxion Daily 20+ Year Treasury Bull 3x Shares

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% 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.