Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS) Trading Up 8%

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Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS)’s share price were up 8% during mid-day trading on Friday . The stock traded as high as $12.39 and last traded at $12.34, approximately 130,825 shares were traded during trading. A decline of 82% from the average daily volume of 747,547 shares. The stock had previously closed at $11.43.

The company’s fifty day simple moving average is $11.64 and its 200-day simple moving average is $14.44.

An institutional investor recently bought a new position in Direxion Daily Technology Bear 3X Shares stock. IMC Chicago LLC purchased a new stake in Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 21,884 shares of the company’s stock, valued at approximately $274,000. IMC Chicago LLC owned approximately 0.51% of Direxion Daily Technology Bear 3X Shares as of its most recent filing with the SEC.

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