Direxion Small Cap Bull 3X Shares Target of Unusually High Options Trading (TNA)

Direxion Small Cap Bull 3X Shares (NYSEARCA:TNA) was the recipient of some unusual options trading activity on Wednesday. Stock traders bought 737 call options on the stock. This represents an increase of 155% compared to the typical daily volume of 289 call options.

Several large investors have recently added to or reduced their stakes in TNA. Commerzbank Aktiengesellschaft FI increased its holdings in shares of Direxion Small Cap Bull 3X Shares by 100.0% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 170,040 shares of the exchange traded fund’s stock valued at $9,480,000 after purchasing an additional 85,020 shares during the last quarter. David R. Rahn & Associates Inc. acquired a new position in shares of Direxion Small Cap Bull 3X Shares in the third quarter valued at $3,680,000. Virtu KCG Holdings LLC increased its holdings in shares of Direxion Small Cap Bull 3X Shares by 991.8% in the second quarter. Virtu KCG Holdings LLC now owns 38,946 shares of the exchange traded fund’s stock valued at $2,171,000 after purchasing an additional 35,379 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Direxion Small Cap Bull 3X Shares by 324.0% in the second quarter. Royal Bank of Canada now owns 26,257 shares of the exchange traded fund’s stock valued at $1,464,000 after purchasing an additional 20,065 shares during the last quarter. Finally, Alpha Cubed Investments LLC acquired a new position in shares of Direxion Small Cap Bull 3X Shares in the third quarter valued at $1,111,000.

Direxion Small Cap Bull 3X Shares (NYSEARCA:TNA) opened at $65.12 on Friday. Direxion Small Cap Bull 3X Shares has a fifty-two week low of $31.36 and a fifty-two week high of $68.23.

COPYRIGHT VIOLATION WARNING: This story was published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright law. The original version of this story can be read at https://sportsperspectives.com/2017/11/04/direxion-small-cap-bull-3x-shares-target-of-unusually-high-options-trading-tna.html.

About Direxion Small Cap Bull 3X Shares

Direxion Daily Small Cap Bull 3X Shares (the Fund), formerly Direxion Small Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the Russell 2000 Index (the Small Cap Index). The Small Cap Index measures the performance of the small-cap segment of the United States equity universe, and consists of the smallest 2,000 companies in the Russell 3000 Index, representing approximately 10% of the total market capitalization of the Russell 3000 Index.

Receive News & Ratings for Direxion Small Cap Bull 3X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Small Cap Bull 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply