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) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 184 shares, a decrease of 51.6% from the June 30th total of 380 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 307 shares, the days-to-cover ratio is presently 0.6 days.

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

BNKD traded down $1.71 during trading on Thursday, reaching $28.73. 842 shares of the stock were exchanged, compared to its average volume of 457. The stock has a market cap of $861,900.00, a P/E ratio of 25.88 and a beta of -2.23. MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs has a twelve month low of $26.94 and a twelve month high of $91.08. The stock’s 50 day moving average price is $33.20 and its two-hundred day moving average price is $43.58.

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.