Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) Short Interest Down 13.5% in January

Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 22,250 shares, a decrease of 13.5% from the January 15th total of 25,726 shares. Approximately 1.3% of the company’s stock are sold short. Based on an average daily volume of 33,488 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 33,488 shares, the short-interest ratio is currently 0.7 days. Approximately 1.3% of the company’s stock are sold short.

Hedge Funds Weigh In On Direxion Daily 7-10 Year Treasury Bull 3x Shares

Several institutional investors have recently modified their holdings of TYD. Group One Trading LLC increased its position in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 7,611.1% during the 3rd quarter. Group One Trading LLC now owns 1,388 shares of the company’s stock valued at $36,000 after purchasing an additional 1,370 shares during the last quarter. Simplex Trading LLC boosted its holdings in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 78.4% in the 2nd quarter. Simplex Trading LLC now owns 5,279 shares of the company’s stock worth $133,000 after buying an additional 2,320 shares during the last quarter. ORG Wealth Partners LLC grew its position in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 29.5% during the third quarter. ORG Wealth Partners LLC now owns 16,471 shares of the company’s stock valued at $423,000 after buying an additional 3,756 shares during the period. IMC Chicago LLC bought a new position in Direxion Daily 7-10 Year Treasury Bull 3x Shares during the fourth quarter valued at about $325,000. Finally, Virtu Financial LLC increased its holdings in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 37.0% during the third quarter. Virtu Financial LLC now owns 50,022 shares of the company’s stock worth $1,285,000 after buying an additional 13,511 shares during the last quarter.

Direxion Daily 7-10 Year Treasury Bull 3x Shares Stock Down 0.5%

Shares of TYD stock opened at $26.04 on Thursday. Direxion Daily 7-10 Year Treasury Bull 3x Shares has a 52-week low of $23.42 and a 52-week high of $27.30. The company has a 50-day simple moving average of $25.48 and a two-hundred day simple moving average of $25.80.

About Direxion Daily 7-10 Year Treasury Bull 3x Shares

Direxion Daily 7-10 Year Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 10-Year Treasury Bull 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. Rafferty Asset Management, LLC is the Fund’s investment adviser.