Stock Traders Buy Large Volume of Direxion Daily 20 Year Plus Treasury Bull 3x Shares Call Options (NYSEARCA:TMF)

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) saw unusually large options trading activity on Friday. Traders acquired 53,629 call options on the stock. This represents an increase of 55% compared to the average volume of 34,653 call options.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Up 2.5 %

NYSEARCA TMF traded up $1.30 during trading hours on Friday, reaching $53.98. 6,653,628 shares of the stock traded hands, compared to its average volume of 7,409,215. The stock has a 50 day simple moving average of $47.65 and a two-hundred day simple moving average of $53.53. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 1 year low of $38.30 and a 1 year high of $80.80.

Institutional Investors Weigh In On Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Institutional investors have recently made changes to their positions in the business. Barclays PLC boosted its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 6.4% during the 3rd quarter. Barclays PLC now owns 213,254 shares of the company’s stock valued at $1,028,000 after acquiring an additional 12,914 shares during the period. Rathbones Group PLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the third quarter valued at approximately $255,000. Cardiff Park Advisors LLC boosted its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 26.5% during the third quarter. Cardiff Park Advisors LLC now owns 32,557 shares of the company’s stock valued at $157,000 after purchasing an additional 6,822 shares during the period. Visionary Wealth Advisors grew its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 21.2% in the third quarter. Visionary Wealth Advisors now owns 17,290 shares of the company’s stock worth $83,000 after purchasing an additional 3,030 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the third quarter worth $175,000.

About Direxion Daily 20 Year Plus 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.