Direxion Daily 7-10 Year Treasury Bull 3X ETF (NYSEARCA:TYD – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 113,428 shares, an increase of 84.0% from the September 30th total of 61,629 shares. Currently, 8.1% of the company’s stock are short sold. Based on an average daily volume of 53,497 shares, the short-interest ratio is presently 2.1 days.
Direxion Daily 7-10 Year Treasury Bull 3X ETF Price Performance
TYD opened at $21.57 on Tuesday. The business has a fifty day moving average price of $21.12 and a 200 day moving average price of $23.47. Direxion Daily 7-10 Year Treasury Bull 3X ETF has a 12 month low of $19.58 and a 12 month high of $26.76.
Hedge Funds Weigh In On Direxion Daily 7-10 Year Treasury Bull 3X ETF
An institutional investor recently bought a new position in Direxion Daily 7-10 Year Treasury Bull 3X ETF stock. NewEdge Advisors LLC bought a new position in shares of Direxion Daily 7-10 Year Treasury Bull 3X ETF (NYSEARCA:TYD – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,400 shares of the company’s stock, valued at approximately $271,000. NewEdge Advisors LLC owned 0.81% of Direxion Daily 7-10 Year Treasury Bull 3X ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Direxion Daily 7-10 Year Treasury Bull 3X ETF 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.
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