Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Down – Should You Sell?

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) shares gapped down prior to trading on Friday . The stock had previously closed at $44.10, but opened at $43.18. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $43.38, with a volume of 1,716,023 shares traded.

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

The business has a 50-day moving average price of $41.46 and a 200 day moving average price of $47.53.

Institutional Trading of Direxion Daily 20 Year Plus Treasury Bull 3x Shares

A number of hedge funds have recently modified their holdings of the business. LifeGuide Financial Advisors LLC boosted its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 2.2% during the fourth quarter. LifeGuide Financial Advisors LLC now owns 22,775 shares of the company’s stock worth $910,000 after purchasing an additional 497 shares during the period. PayPay Securities Corp grew its stake in shares of 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 valued at $25,000 after buying an additional 558 shares in the last quarter. IMG Wealth Management Inc. acquired a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter worth approximately $25,000. Farther Finance Advisors LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the fourth quarter valued at approximately $43,000. Finally, Tower Research Capital LLC TRC raised its position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 201.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,014 shares of the company’s stock valued at $120,000 after acquiring an additional 2,015 shares in the last quarter.

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.