Direxion Small Cap Bull 3X Shares (NYSEARCA:TNA) was the target of unusually large options trading activity on Friday. Traders acquired 737 call options on the company. This is an increase of 155% compared to the average daily volume of 289 call options.

Shares of Direxion Small Cap Bull 3X Shares (NYSEARCA:TNA) opened at 51.11 on Monday. The firm has a 50-day moving average of $54.83 and a 200 day moving average of $53.59. Direxion Small Cap Bull 3X Shares has a 52 week low of $31.36 and a 52 week high of $60.28.

Several hedge funds have recently made changes to their positions in TNA. Traynor Capital Management Inc. boosted its position in shares of Direxion Small Cap Bull 3X Shares by 11.5% in the second quarter. Traynor Capital Management Inc. now owns 14,485 shares of the exchange traded fund’s stock valued at $834,000 after buying an additional 1,490 shares during the last quarter. Sigma Planning Corp boosted its position in shares of Direxion Small Cap Bull 3X Shares by 80.4% in the second quarter. Sigma Planning Corp now owns 3,674 shares of the exchange traded fund’s stock worth $205,000 after buying an additional 1,637 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Direxion Small Cap Bull 3X Shares by 51.6% in the second quarter. SG Americas Securities LLC now owns 28,800 shares of the exchange traded fund’s stock worth $1,606,000 after buying an additional 9,800 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its position 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 worth $9,480,000 after buying an additional 85,020 shares in the last quarter. Finally, Advisor Group Inc. boosted its position in shares of Direxion Small Cap Bull 3X Shares by 104.3% in the second quarter. Advisor Group Inc. now owns 2,070 shares of the exchange traded fund’s stock worth $107,000 after buying an additional 1,057 shares in the last quarter.

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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.

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