Direxion Daily Small Cap Bear 3X Shares (NYSEARCA:TZA – Get Rating) were down 2.7% during trading on Thursday . The stock traded as low as $32.00 and last traded at $32.01. Approximately 42,736 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 12,873,457 shares. The stock had previously closed at $32.90.

Direxion Daily Small Cap Bear 3X Shares Trading Up 3.6 %

The stock's fifty day moving average price is $34.76 and its 200-day moving average price is $37.24.

Institutional Investors Weigh In On Direxion Daily Small Cap Bear 3X Shares

A number of large investors have recently modified their holdings of the business. IMC Chicago LLC grew its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 591.8% during the second quarter. IMC Chicago LLC now owns 546,034 shares of the exchange traded fund's stock worth $25,472,000 after buying an additional 467,101 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 21.9% during the third quarter. Jane Street Group LLC now owns 388,304 shares of the exchange traded fund's stock worth $17,870,000 after buying an additional 69,848 shares in the last quarter. Flow Traders U.S. LLC grew its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 430.7% during the first quarter. Flow Traders U.S. LLC now owns 119,024 shares of the exchange traded fund's stock worth $3,646,000 after buying an additional 96,596 shares in the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 74.0% during the third quarter. Tower Research Capital LLC TRC now owns 49,790 shares of the exchange traded fund's stock worth $2,292,000 after buying an additional 21,175 shares in the last quarter. Finally, Virtu Financial LLC grew its holdings in shares of Direxion Daily Small Cap Bear 3X Shares by 23.9% in the first quarter. Virtu Financial LLC now owns 48,766 shares of the exchange traded fund's stock valued at $1,494,000 after purchasing an additional 9,418 shares during the period.

Direxion Daily Small Cap Bear 3X Shares Company Profile

Direxion Daily Small Cap Bear 3X Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) 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.

Further Reading

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