Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Down to $58.92

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $58.92, but opened at $56.81. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $56.66, with a volume of 3,095,968 shares.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Down 3.1 %

The stock has a fifty day moving average price of $57.89 and a two-hundred day moving average price of $52.34.

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

A number of institutional investors and hedge funds have recently bought and sold shares of TMF. Signet Financial Management LLC boosted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 3.8% during the 1st quarter. Signet Financial Management LLC now owns 10,311 shares of the company’s stock valued at $562,000 after purchasing an additional 380 shares in the last quarter. Hillsdale Investment Management Inc. boosted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 43.4% during the 1st quarter. Hillsdale Investment Management Inc. now owns 2,213 shares of the company’s stock valued at $121,000 after purchasing an additional 670 shares in the last quarter. Turim 21 Investimentos Ltda. boosted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% during the 2nd quarter. Turim 21 Investimentos Ltda. now owns 1,849 shares of the company’s stock valued at $90,000 after purchasing an additional 1,490 shares in the last quarter. Innova Wealth Partners boosted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 42.3% during the 1st quarter. Innova Wealth Partners now owns 6,219 shares of the company’s stock valued at $339,000 after purchasing an additional 1,848 shares in the last quarter. Finally, Hollencrest Capital Management bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 2nd quarter valued at about $96,000.

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.