Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) Short Interest Update

Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 20,652 shares, a growth of 23.4% from the March 31st total of 16,734 shares. Based on an average trading volume of 17,810 shares, the short-interest ratio is currently 1.2 days. Currently, 1.4% of the company’s stock are short sold.

Direxion Daily 7-10 Year Treasury Bull 3x Shares Price Performance

Shares of NYSEARCA:TYD traded up $0.06 on Friday, hitting $24.26. The company had a trading volume of 5,106 shares, compared to its average volume of 28,953. Direxion Daily 7-10 Year Treasury Bull 3x Shares has a 1-year low of $23.56 and a 1-year high of $26.86. The stock has a 50 day moving average price of $25.02 and a 200 day moving average price of $25.55.

Institutional Trading of Direxion Daily 7-10 Year Treasury Bull 3x Shares

Institutional investors have recently bought and sold shares of the business. Group One Trading LLC raised its stake in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 7,611.1% in the third quarter. Group One Trading LLC now owns 1,388 shares of the company’s stock valued at $36,000 after purchasing an additional 1,370 shares in the last quarter. IMC Chicago LLC bought a new position in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares during the fourth quarter worth about $325,000. ORG Wealth Partners LLC lifted its position in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 29.5% in the 3rd quarter. ORG Wealth Partners LLC now owns 16,471 shares of the company’s stock worth $423,000 after purchasing an additional 3,756 shares during the period. Barclays PLC acquired a new stake in Direxion Daily 7-10 Year Treasury Bull 3x Shares during the fourth quarter worth approximately $763,000. Finally, Virtu Financial LLC boosted its holdings in Direxion Daily 7-10 Year Treasury Bull 3x Shares by 37.0% in the third quarter. Virtu Financial LLC now owns 50,022 shares of the company’s stock worth $1,285,000 after acquiring an additional 13,511 shares in the last quarter.

Direxion Daily 7-10 Year Treasury Bull 3x Shares Company Profile

Direxion Daily 7-10 Year Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 10-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 7-10 Year Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the intermediate 7 to 10 year maturity range of the United States Treasury bond market. Rafferty Asset Management, LLC is the Fund’s investment adviser.