Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) Short Interest Down 13.5% in January

Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 22,250 shares, a decline of 13.5% from the January 15th total of 25,726 shares. Based on an average daily volume of 33,488 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.3% of the shares of the stock are sold short. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily volume of 33,488 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Trading of Direxion Daily 7-10 Year Treasury Bull 3x Shares

Several large investors have recently added to or reduced their stakes in TYD. Barclays PLC acquired a new position in Direxion Daily 7-10 Year Treasury Bull 3x Shares in the 4th quarter valued at about $763,000. Group One Trading LLC increased its stake in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 172.9% during the fourth quarter. Group One Trading LLC now owns 3,788 shares of the company’s stock worth $96,000 after purchasing an additional 2,400 shares during the period. IMC Chicago LLC acquired a new position in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares in the fourth quarter worth $325,000. Virtu Financial LLC raised its position in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 37.0% in the 3rd quarter. Virtu Financial LLC now owns 50,022 shares of the company’s stock valued at $1,285,000 after purchasing an additional 13,511 shares in the last quarter. Finally, ORG Wealth Partners LLC grew its holdings in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 29.5% during the 3rd quarter. ORG Wealth Partners LLC now owns 16,471 shares of the company’s stock worth $423,000 after acquiring an additional 3,756 shares in the last quarter.

Direxion Daily 7-10 Year Treasury Bull 3x Shares Stock Performance

Shares of NYSEARCA:TYD traded up $0.04 during midday trading on Tuesday, hitting $26.24. The company’s stock had a trading volume of 7,808 shares, compared to its average volume of 27,737. The business’s 50 day simple moving average is $25.47 and its 200 day simple moving average is $25.79. Direxion Daily 7-10 Year Treasury Bull 3x Shares has a 12-month low of $23.42 and a 12-month high of $27.30.

Direxion Daily 7-10 Year Treasury Bull 3x Shares Company Profile

Direxion Daily 7-10 Year Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 10-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 7-10 Year Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the intermediate 7 to 10 year maturity range of the United States Treasury bond market. Rafferty Asset Management, LLC is the Fund’s investment adviser.