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:TMV)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred 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 Stock Performance

The business has a 50 day moving average price of $35.64 and a two-hundred day moving average price of $37.07.

Institutional Trading of Direxion Daily 20 Year Plus Treasury Bear 3x Shares

A number of institutional investors have recently made changes to their positions in TMV. Pacific Capital Wealth Advisors Inc. purchased a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the fourth quarter worth $43,000. 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 worth $268,000 after purchasing an additional 4,705 shares in the last quarter. Simplex Trading LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter worth $274,000. XR Securities LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 4th quarter valued at about $568,000. Finally, LifeGuide Financial Advisors LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 1st quarter valued at about $792,000.

About Direxion Daily 20 Year Plus Treasury Bear 3x Shares

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.