Virtu Financial LLC reduced its stake in shares of Direxion Daily 7-10 Year Treasury Bear 3x Shares (NYSEARCA:TYO – Free Report) by 42.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,813 shares of the company’s stock after selling 28,441 shares during the quarter. Virtu Financial LLC’s holdings in Direxion Daily 7-10 Year Treasury Bear 3x Shares were worth $563,000 at the end of the most recent quarter.
Direxion Daily 7-10 Year Treasury Bear 3x Shares Stock Performance
Direxion Daily 7-10 Year Treasury Bear 3x Shares stock opened at $13.86 on Wednesday. Direxion Daily 7-10 Year Treasury Bear 3x Shares has a 1 year low of $12.19 and a 1 year high of $15.64. The company’s 50-day moving average is $14.43 and its two-hundred day moving average is $14.06.
Direxion Daily 7-10 Year Treasury Bear 3x Shares Increases Dividend
The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be issued a dividend of $0.229 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This is a positive change from Direxion Daily 7-10 Year Treasury Bear 3x Shares’s previous dividend of $0.15.
About Direxion Daily 7-10 Year Treasury Bear 3x Shares
Direxion Daily 7-10 Year Treasury Bear 3X Shares (the Fund), formerly Direxion Daily 10-Year Treasury Bear 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.
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