Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) Stock Pass Above Two Hundred Day Moving Average – Time to Sell?

by · The Cerbat Gem

Shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $33.60 and traded as high as $34.83. Direxion Daily 20 Year Plus Treasury Bear 3x Shares shares last traded at $34.65, with a volume of 3,270,019 shares trading hands.

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

The company’s 50 day moving average price is $30.53 and its 200-day moving average price is $33.58.

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

Large investors have recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the second quarter valued at approximately $32,000. Cim LLC lifted its stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 1.4% during the 2nd quarter. Cim LLC now owns 135,660 shares of the exchange traded fund’s stock valued at $4,869,000 after acquiring an additional 1,900 shares in the last quarter. Virtu Financial LLC purchased a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 2nd quarter worth $1,562,000. Finally, Jane Street Group LLC grew its stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 21,447.8% in the 1st quarter. Jane Street Group LLC now owns 4,352,663 shares of the exchange traded fund’s stock worth $145,771,000 after acquiring an additional 4,332,463 shares in the last quarter.

About Direxion Daily 20 Year Plus Treasury Bear 3x Shares

(Get Free Report)

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.

Featured Articles