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 increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,512 shares, an increase of 156.7% from the November 30th total of 1,368 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average daily trading volume, of 465 shares, the days-to-cover ratio is currently 7.6 days. Based on an average daily trading volume, of 465 shares, the days-to-cover ratio is currently 7.6 days. Approximately 2.2% of the company’s stock are short sold.

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Stock Up 0.5%

Shares of NYSEARCA:BNKD traded up $0.05 on Friday, reaching $9.54. 602 shares of the company’s stock were exchanged, compared to its average volume of 1,241. The business’s 50-day moving average is $12.49 and its two-hundred day moving average is $15.25. MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs has a fifty-two week low of $9.49 and a fifty-two week high of $56.76. The firm has a market capitalization of $1.53 million, a price-to-earnings ratio of 25.88 and a beta of -5.00.

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.