Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Hits New 12-Month Low – Time to Sell?

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMFGet Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $36.77 and last traded at $36.97, with a volume of 4238345 shares. The stock had previously closed at $37.30.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Down 0.6 %

The business has a fifty day moving average price of $44.55 and a 200-day moving average price of $50.92.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of TMF. Hollencrest Capital Management bought a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 2nd quarter valued at approximately $96,000. Turim 21 Investimentos Ltda. grew its holdings 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 worth $90,000 after acquiring an additional 1,490 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 2nd quarter worth approximately $342,000. SG Americas Securities LLC grew its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 33.0% during the 3rd quarter. SG Americas Securities LLC now owns 62,130 shares of the company’s stock worth $3,589,000 after acquiring an additional 15,404 shares during the period. Finally, ORG Wealth Partners LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 3rd quarter worth approximately $1,673,000.

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

(Get Free Report)

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.

Further Reading

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