Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS) Trading 1.9% Higher

Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS)’s share price rose 1.9% during mid-day trading on Friday . The stock traded as high as $10.76 and last traded at $10.72, approximately 30,380 shares were traded during trading. A decline of 96% from the average daily volume of 804,464 shares. The stock had previously closed at $10.52.

The stock’s fifty day simple moving average is $11.66 and its two-hundred day simple moving average is $13.64.

A hedge fund recently raised its stake in Direxion Daily Technology Bear 3X Shares stock. Jane Street Group LLC boosted its holdings in shares of Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS) by 69.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,251 shares of the company’s stock after acquiring an additional 38,606 shares during the quarter. Jane Street Group LLC owned 2.22% of Direxion Daily Technology Bear 3X Shares worth $1,182,000 at the end of the most recent quarter.

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