Direxion Daily 20+ Year Treasury Bull 3x Shares Sees Unusually Large Options Volume (NYSEARCA:TMF)

Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) was the target of unusually large options trading on Friday. Stock investors purchased 47,565 put options on the company. This represents an increase of 98% compared to the typical daily volume of 24,044 put options.

Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Up 0.6%

Direxion Daily 20+ Year Treasury Bull 3x Shares stock opened at $37.93 on Friday. Direxion Daily 20+ Year Treasury Bull 3x Shares has a 52 week low of $33.51 and a 52 week high of $48.98. The company has a 50 day moving average price of $38.73 and a 200 day moving average price of $39.22.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Shengqi Capital Hong Kong Ltd bought a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares during the second quarter valued at approximately $24,132,600,000. Jump Financial LLC grew its position in Direxion Daily 20+ Year Treasury Bull 3x Shares by 115.4% in the second quarter. Jump Financial LLC now owns 482,070 shares of the company’s stock worth $18,916,000 after acquiring an additional 258,272 shares in the last quarter. PPSC Investment Service Corp increased its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 18.2% during the 3rd quarter. PPSC Investment Service Corp now owns 242,128 shares of the company’s stock worth $9,729,000 after purchasing an additional 37,335 shares during the last quarter. Simplex Trading LLC bought a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares during the 2nd quarter valued at $6,545,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 117.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 160,998 shares of the company’s stock valued at $6,469,000 after purchasing an additional 86,978 shares in the last quarter.

About Direxion Daily 20+ Year Treasury Bull 3x Shares

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% 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.