Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) Stock Price Pass Above 200 Day Moving Average of $35.55

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $35.55 and traded as high as $36.14. Direxion Daily 20 Year Plus Treasury Bear 3x Shares shares last traded at $36.07, with a volume of 1,244,859 shares.

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

The business’s 50 day moving average price is $35.30 and its 200-day moving average price is $35.57.

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

Several hedge funds and other institutional investors have recently bought and sold shares of TMV. Citigroup Inc. raised its stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 343.2% in the 3rd quarter. Citigroup Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $268,000 after purchasing an additional 4,705 shares in the last quarter. XR Securities LLC acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter worth about $568,000. Simplex Trading LLC acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter worth about $274,000. Pacific Capital Wealth Advisors Inc. acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter worth about $43,000. Finally, Jump Financial LLC acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter worth about $4,484,000.

Direxion Daily 20 Year Plus 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.