Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Sees Large Volume Increase – Time to Buy?

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) saw an uptick in trading volume on Wednesday . 3,626,753 shares changed hands during trading, a decline of 51% from the previous session’s volume of 7,376,824 shares.The stock last traded at $37.48 and had previously closed at $37.98.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Up 0.6 %

The business has a fifty day moving average of $45.12 and a two-hundred day moving average of $51.22.

Institutional Investors Weigh In On Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Large investors have recently added to or reduced their stakes in the business. Hollencrest Capital Management purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the second quarter valued at about $96,000. Turim 21 Investimentos Ltda. grew its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% during the 2nd quarter. Turim 21 Investimentos Ltda. now owns 1,849 shares of the company’s stock valued at $90,000 after buying an additional 1,490 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 2nd quarter valued at $342,000. SG Americas Securities LLC increased its position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 33.0% during the third quarter. SG Americas Securities LLC now owns 62,130 shares of the company’s stock worth $3,589,000 after buying an additional 15,404 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the third quarter worth $1,673,000.

Direxion Daily 20 Year Plus 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.