Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) Share Price Cross Above 200 Day Moving Average of $35.25

Shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMVGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $35.25 and traded as high as $35.49. Direxion Daily 20 Year Plus Treasury Bear 3x Shares shares last traded at $34.45, with a volume of 1,844,412 shares trading hands.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Up 5.7 %

The business has a fifty day simple moving average of $37.95 and a two-hundred day simple moving average of $35.25.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Simplex Trading LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 4th quarter worth $274,000. Citigroup Inc. raised its holdings 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 valued at $268,000 after buying an additional 4,705 shares during the period. Pacific Capital Wealth Advisors Inc. purchased a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter valued at about $43,000. IMC Chicago LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter valued at about $5,037,000. Finally, TRUE Private Wealth Advisors raised its holdings in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 211.0% in the 3rd quarter. TRUE Private Wealth Advisors now owns 64,406 shares of the exchange traded fund’s stock valued at $2,843,000 after buying an additional 43,696 shares during the period.

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

(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.

Further Reading

Receive News & Ratings for Direxion Daily 20 Year Plus Treasury Bear 3x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily 20 Year Plus Treasury Bear 3x Shares and related companies with MarketBeat.com's FREE daily email newsletter.