Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) Sees Significant Growth in Short Interest

Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) saw a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 6,108,062 shares, an increase of 113.4% from the November 30th total of 2,862,480 shares. Currently, 5.6% of the company’s stock are short sold. Based on an average daily trading volume, of 5,909,286 shares, the short-interest ratio is currently 1.0 days. Based on an average daily trading volume, of 5,909,286 shares, the short-interest ratio is currently 1.0 days. Currently, 5.6% of the company’s stock are short sold.

Hedge Funds Weigh In On Direxion Daily 20+ Year Treasury Bull 3x Shares

A number of large investors have recently added to or reduced their stakes in the company. XTX Topco Ltd lifted its position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 421.9% during the third quarter. XTX Topco Ltd now owns 53,654 shares of the company’s stock valued at $2,156,000 after buying an additional 43,374 shares during the last quarter. SIH Partners LLLP purchased a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares during the third quarter valued at approximately $1,004,000. Morse Asset Management Inc purchased a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares during the third quarter valued at approximately $161,000. BNP Paribas Financial Markets acquired a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares in the third quarter valued at approximately $2,326,000. Finally, X Square Capital LLC purchased a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares in the third quarter worth $281,000.

Direxion Daily 20+ Year Treasury Bull 3x Shares Trading Down 1.0%

Shares of NYSEARCA:TMF opened at $38.07 on Monday. Direxion Daily 20+ Year Treasury Bull 3x Shares has a 12-month low of $33.51 and a 12-month high of $48.98. The business’s fifty day simple moving average is $40.40 and its 200-day simple moving average is $39.27.

Direxion Daily 20+ Year Treasury Bull 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% 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. The Index constituent bonds are weighted by their relative amounts outstanding.