Shares of MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD – Get Free Report) were down 1% on Friday . The stock traded as low as $9.22 and last traded at $9.43. Approximately 1,959 shares changed hands during mid-day trading, an increase of 128% from the average daily volume of 860 shares. The stock had previously closed at $9.53.
MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Stock Performance
The company has a 50-day moving average of $11.20 and a 200 day moving average of $14.02. The firm has a market cap of $1.51 million, a P/E ratio of 25.88 and a beta of -5.00.
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.
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