Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Up – What’s Next?

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $44.81, but opened at $46.31. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $45.83, with a volume of 2,303,396 shares traded.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Price Performance

The stock has a 50 day simple moving average of $42.16 and a 200 day simple moving average of $46.99.

Hedge Funds Weigh In On Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Several hedge funds have recently made changes to their positions in the business. LifeGuide Financial Advisors LLC increased its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 2.2% during the fourth quarter. LifeGuide Financial Advisors LLC now owns 22,775 shares of the company’s stock valued at $910,000 after buying an additional 497 shares during the period. PayPay Securities Corp increased its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 930.0% during the fourth quarter. PayPay Securities Corp now owns 618 shares of the company’s stock valued at $25,000 after buying an additional 558 shares during the period. IMG Wealth Management Inc. purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the fourth quarter valued at approximately $25,000. Farther Finance Advisors LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter worth $43,000. Finally, Tower Research Capital LLC TRC grew its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 201.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 3,014 shares of the company’s stock worth $120,000 after purchasing an additional 2,015 shares during the period.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Company Profile

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.