MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) Short Interest Update

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) was the recipient of a large growth in short interest in December. As of December 15th, there was short interest totaling 3,512 shares, a growth of 156.7% from the November 30th total of 1,368 shares. Based on an average daily volume of 465 shares, the short-interest ratio is currently 7.6 days. Approximately 2.2% of the shares of the stock are sold short. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily volume of 465 shares, the short-interest ratio is currently 7.6 days.

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Price Performance

BNKD traded up $0.05 during midday trading on Friday, reaching $9.54. 602 shares of the company’s stock were exchanged, compared to its average volume of 1,241. MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs has a 1-year low of $9.49 and a 1-year high of $56.76. The stock has a market capitalization of $1.53 million, a PE ratio of 25.88 and a beta of -5.00. The business’s 50-day moving average price is $12.49 and its 200 day moving average price is $15.30.

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Company Profile

The MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks three times the inverse of the performance of an equal-weighted index of US large banks. BNKD was launched on Apr 5, 2019 and is issued by REX Microsectors.