Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) Short Interest Up 71.6% in January

Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totaling 5,951,479 shares, a growth of 71.6% from the December 31st total of 3,468,419 shares. Based on an average daily volume of 5,286,818 shares, the short-interest ratio is currently 1.1 days. Currently, 6.0% of the shares of the company are sold short. Currently, 6.0% of the shares of the company are sold short. Based on an average daily volume of 5,286,818 shares, the short-interest ratio is currently 1.1 days.

Direxion Daily 20+ Year Treasury Bull 3x Shares Trading Down 1.5%

TMF stock traded down $0.58 on Friday, hitting $36.93. The company had a trading volume of 7,309,714 shares, compared to its average volume of 6,271,887. Direxion Daily 20+ Year Treasury Bull 3x Shares has a 12-month low of $33.51 and a 12-month high of $48.98. The stock’s 50-day simple moving average is $38.49 and its 200 day simple moving average is $39.24.

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

Large investors have recently modified their holdings of the company. Simplicity Wealth LLC purchased a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares during the fourth quarter valued at $231,000. IMC Chicago LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares during the 4th quarter valued at about $1,438,000. UBS Group AG increased its position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 31.5% during the 4th quarter. UBS Group AG now owns 227,856 shares of the company’s stock valued at $8,504,000 after purchasing an additional 54,549 shares during the last quarter. Steele Capital Management Inc. bought a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares in the 4th quarter worth approximately $385,000. Finally, PPSC Investment Service Corp lifted its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 11.3% in the 4th quarter. PPSC Investment Service Corp now owns 269,382 shares of the company’s stock worth $10,053,000 after purchasing an additional 27,254 shares during the period.

Direxion Daily 20+ Year 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. The Index constituent bonds are weighted by their relative amounts outstanding.