Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV) Stock Price Pass Above 200 Day Moving Average – Here’s What Happened

Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $36.60 and traded as high as $39.13. Direxion Daily 20+ Year Treasury Bear 3x Shares shares last traded at $38.94, with a volume of 658,344 shares trading hands.

Direxion Daily 20+ Year Treasury Bear 3x Shares Trading Down 0.8%

The business has a 50-day moving average of $38.13 and a 200-day moving average of $36.60.

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

A number of institutional investors have recently bought and sold shares of the company. Cim LLC boosted its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 0.8% during the third quarter. Cim LLC now owns 143,168 shares of the exchange traded fund’s stock valued at $5,017,000 after purchasing an additional 1,194 shares during the last quarter. Royal Bank of Canada boosted its position in 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 valued at $166,000 after purchasing an additional 1,222 shares during the last quarter. Virtu Financial LLC boosted its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 12.1% during 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 last quarter. Group One Trading LLC acquired a new stake in Direxion Daily 20+ Year Treasury Bear 3x Shares during the third quarter valued at $75,000. Finally, Headlands Technologies LLC acquired a new stake in Direxion Daily 20+ Year Treasury Bear 3x Shares during the fourth quarter valued at $208,000.

Direxion Daily 20+ Year Treasury Bear 3x Shares Company Profile

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.