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 target of a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 3,324 shares, a decrease of 17.1% from the January 15th total of 4,010 shares. Based on an average daily trading volume, of 999 shares, the short-interest ratio is currently 3.3 days. Currently, 2.1% of the shares of the company are sold short. Currently, 2.1% of the shares of the company are sold short. Based on an average daily trading volume, of 999 shares, the short-interest ratio is currently 3.3 days.

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Trading Down 0.6%

BNKD stock traded down $0.06 during mid-day trading on Monday, hitting $10.06. 9,114 shares of the company were exchanged, compared to its average volume of 1,524. The business has a 50 day simple moving average of $9.69 and a 200-day simple moving average of $12.79. The stock has a market capitalization of $1.61 million, a PE ratio of 25.88 and a beta of -5.00. MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs has a 1-year low of $8.13 and a 1-year high of $56.76.

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.