Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) Short Interest Update

Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 26,443 shares, a growth of 18.8% from the January 29th total of 22,250 shares. Based on an average trading volume of 28,393 shares, the short-interest ratio is currently 0.9 days. Approximately 1.5% of the company’s stock are sold short. Approximately 1.5% of the company’s stock are sold short. Based on an average trading volume of 28,393 shares, the short-interest ratio is currently 0.9 days.

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

A number of institutional investors have recently bought and sold shares of TYD. Group One Trading LLC increased its holdings in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 7,611.1% in the 3rd quarter. Group One Trading LLC now owns 1,388 shares of the company’s stock valued at $36,000 after acquiring an additional 1,370 shares during the last quarter. Simplex Trading LLC boosted its holdings in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 78.4% in the second quarter. Simplex Trading LLC now owns 5,279 shares of the company’s stock valued at $133,000 after purchasing an additional 2,320 shares in the last quarter. IMC Chicago LLC purchased a new position in Direxion Daily 7-10 Year Treasury Bull 3x Shares in the fourth quarter valued at approximately $325,000. ORG Wealth Partners LLC increased its stake in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 29.5% in the third quarter. ORG Wealth Partners LLC now owns 16,471 shares of the company’s stock valued at $423,000 after purchasing an additional 3,756 shares during the last quarter. Finally, Barclays PLC acquired a new stake in Direxion Daily 7-10 Year Treasury Bull 3x Shares during the fourth quarter worth approximately $763,000.

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

Shares of TYD traded down $0.15 during midday trading on Wednesday, reaching $25.98. The stock had a trading volume of 9,172 shares, compared to its average volume of 30,221. The company’s fifty day simple moving average is $25.58 and its two-hundred day simple moving average is $25.86. Direxion Daily 7-10 Year Treasury Bull 3x Shares has a 1-year low of $23.42 and a 1-year high of $27.30.

About Direxion Daily 7-10 Year Treasury Bull 3x Shares

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.