Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Up to $28.67

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) shares gapped up prior to trading on Thursday . The stock had previously closed at $27.99, but opened at $28.67. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $28.92, with a volume of 2,724,194 shares changing hands.

The firm’s 50 day simple moving average is $30.90 and its two-hundred day simple moving average is $24.29.

Institutional investors and hedge funds have recently bought and sold shares of the business. David R. Rahn & Associates Inc. increased its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 111.8% during the second quarter. David R. Rahn & Associates Inc. now owns 402,372 shares of the company’s stock worth $10,019,000 after acquiring an additional 212,407 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 68.1% during the second quarter. SG Americas Securities LLC now owns 76,068 shares of the company’s stock worth $1,894,000 after acquiring an additional 30,805 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter worth about $772,000. Morgan Stanley increased its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 3.9% during the second quarter. Morgan Stanley now owns 49,831 shares of the company’s stock worth $1,241,000 after acquiring an additional 1,883 shares in the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter worth about $6,070,000.



Direxion Daily 20 Year Plus Treasury Bull 3x Shares Company Profile (NYSEARCA:TMF)

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.

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