Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Down 2.7% – What’s Next?

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) shares were down 2.7% on Monday . The company traded as low as $42.84 and last traded at $42.90. Approximately 1,485,392 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 7,821,761 shares. The stock had previously closed at $44.08.

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

The stock’s 50-day moving average price is $42.16 and its two-hundred day moving average price is $46.82.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. PayPay Securities Corp boosted its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 930.0% in the 4th quarter. PayPay Securities Corp now owns 618 shares of the company’s stock worth $25,000 after buying an additional 558 shares during the period. IMG Wealth Management Inc. purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the fourth quarter worth $25,000. Farther Finance Advisors LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter valued at $43,000. Morse Asset Management Inc grew its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 12,400.0% in the fourth quarter. Morse Asset Management Inc now owns 2,500 shares of the company’s stock valued at $100,000 after purchasing an additional 2,480 shares in the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 201.7% during the 4th 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 in the last quarter.

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.