Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYD) Short Interest Up 89.2% in October

Direxion Daily 7-10 Year Treasury Bull 3x Shares (NYSEARCA:TYDGet Free Report) saw a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 40,300 shares, a growth of 89.2% from the September 30th total of 21,300 shares. Based on an average trading volume of 55,900 shares, the days-to-cover ratio is presently 0.7 days. Currently, 2.0% of the company’s shares are short sold. Currently, 2.0% of the company’s shares are short sold. Based on an average trading volume of 55,900 shares, the days-to-cover ratio is presently 0.7 days.

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

Shares of TYD opened at $25.96 on Monday. Direxion Daily 7-10 Year Treasury Bull 3x Shares has a 1 year low of $22.37 and a 1 year high of $27.30. The business has a 50-day moving average of $26.11 and a 200-day moving average of $25.22.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Simplex Trading LLC bought a new stake in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares during the 1st quarter valued at $75,000. ORG Wealth Partners LLC raised its stake in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares by 29.1% during the 2nd quarter. ORG Wealth Partners LLC now owns 12,715 shares of the company’s stock valued at $321,000 after purchasing an additional 2,869 shares during the period. Innova Wealth Partners bought a new stake in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares during the 1st quarter valued at $332,000. Modera Wealth Management LLC bought a new stake in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares during the 2nd quarter valued at $2,054,000. Finally, Jane Street Group LLC bought a new stake in shares of Direxion Daily 7-10 Year Treasury Bull 3x Shares during the 2nd quarter valued at $2,954,000.

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

(Get Free Report)

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.

Further Reading

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