Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Set to Reverse Split on Monday, December 4th

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)’s stock is going to reverse split on the morning of Monday, December 4th. The 1-10 reverse split was announced on Monday, December 4th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, December 4th.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Up 1.3 %

TMF stock opened at $4.94 on Friday. The business’s 50-day moving average is $4.71 and its 200 day moving average is $6.35. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 12-month low of $3.83 and a 12-month high of $10.30.

Institutional Trading of Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Institutional investors have recently added to or reduced their stakes in the stock. UBS Group AG grew its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 449.0% in the first quarter. UBS Group AG now owns 16,075 shares of the company’s stock worth $315,000 after acquiring an additional 13,147 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the first quarter worth $209,000. Sprott Inc. grew its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 23.0% in the first quarter. Sprott Inc. now owns 18,700 shares of the company’s stock worth $366,000 after acquiring an additional 3,500 shares in the last quarter. Royal Bank of Canada acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the first quarter worth $3,357,000. Finally, Virtu Financial LLC acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the first quarter worth $3,128,000.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.