MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) Stock Short Interest Report for October

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 770 shares, a growth of 273.8% from the September 30th total of 206 shares. Based on an average trading volume of 1,456 shares, the short-interest ratio is presently 0.5 days. Approximately 2.6% of the shares of the stock are short sold.

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Stock Up 5.0%

NYSEARCA:BNKD traded up $1.74 during midday trading on Friday, hitting $36.30. The company had a trading volume of 241 shares, compared to its average volume of 456. The stock’s fifty day moving average price is $32.45 and its 200-day moving average price is $39.63. MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs has a 52-week low of $25.00 and a 52-week high of $73.20. The company has a market capitalization of $1.09 million, a PE ratio of 25.88 and a beta of -2.35.

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

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.