Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) Stock Cross Above 200-Day Moving Average of $37.07

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMVGet Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $37.07 and traded as high as $40.42. Direxion Daily 20 Year Plus Treasury Bear 3x Shares shares last traded at $39.92, with a volume of 1,922,178 shares trading hands.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Price Performance

The stock’s 50-day moving average price is $35.64 and its 200-day moving average price is $37.07.

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

A number of institutional investors have recently modified their holdings of the business. LifeGuide Financial Advisors LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the first quarter valued at about $792,000. Virtu Financial LLC lifted its position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 757.0% during the fourth quarter. Virtu Financial LLC now owns 391,883 shares of the exchange traded fund’s stock worth $11,604,000 after purchasing an additional 346,157 shares during the period. Cim LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth about $3,876,000. IMC Chicago LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth about $5,037,000. Finally, Jump Financial LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth about $4,484,000.

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.

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