Investors Purchase Large Volume of Direxion Daily 20+ Year Treasury Bear 3x Shares Call Options (NYSEARCA:TMV)

Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV) saw some unusual options trading activity on Thursday. Stock investors acquired 3,081 call options on the company. This is an increase of 189% compared to the typical volume of 1,067 call options.

Direxion Daily 20+ Year Treasury Bear 3x Shares Stock Performance

NYSEARCA:TMV opened at $36.86 on Friday. The company has a 50-day moving average of $36.11 and a 200-day moving average of $35.47. Direxion Daily 20+ Year Treasury Bear 3x Shares has a twelve month low of $31.03 and a twelve month high of $44.30.

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

Large investors have recently added to or reduced their stakes in the business. IMC Chicago LLC grew its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 153.1% in the third quarter. IMC Chicago LLC now owns 163,592 shares of the exchange traded fund’s stock worth $5,732,000 after buying an additional 98,954 shares during the last quarter. Prelude Capital Management LLC lifted its position in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares by 957.2% during the 3rd quarter. Prelude Capital Management LLC now owns 80,240 shares of the exchange traded fund’s stock valued at $2,812,000 after acquiring an additional 72,650 shares during the last quarter. Composition Wealth LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the 4th quarter worth $1,482,000. Simplex Trading LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the 4th quarter worth $1,102,000. Finally, Group One Trading LLC grew its holdings in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares by 977.4% in the 4th quarter. Group One Trading LLC now owns 22,937 shares of the exchange traded fund’s stock worth $852,000 after acquiring an additional 20,808 shares during the last quarter.

Direxion Daily 20+ Year Treasury Bear 3x Shares Company Profile

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. The Index constituent bonds are weighted by their relative amounts outstanding.