Direxion Daily 7-10 Year Treasury Bear 3x Shares (NYSEARCA:TYO) traded down 0.6% during mid-day trading on Friday . The company traded as low as $11.67 and last traded at $11.70, 6,520 shares were traded during trading. An increase of 29% from the average session volume of 5,037 shares. The stock had previously closed at $11.77.
The stock’s fifty day moving average is $11.78.
An institutional investor recently raised its position in Direxion Daily 7-10 Year Treasury Bear 3x Shares stock. Jane Street Group LLC raised its stake in Direxion Daily 7-10 Year Treasury Bear 3x Shares (NYSEARCA:TYO) by 52.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 43,694 shares of the company’s stock after buying an additional 14,946 shares during the quarter. Jane Street Group LLC owned about 3.50% of Direxion Daily 7-10 Year Treasury Bear 3x Shares worth $604,000 at the end of the most recent reporting period.
Direxion Daily 7-10 Year Treasury Bear 3X Shares (the Fund), formerly Direxion Daily 10-Year Treasury Bear 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.
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