MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKD) Trading Up 2.8%

MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKDGet Free Report) was up 2.8% during trading on Thursday . The company traded as high as $21.66 and last traded at $21.54. Approximately 24,357 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 84,173 shares. The stock had previously closed at $20.95.

MicroSectors US Big Banks Index -3X Inverse Leveraged ETN Trading Up 6.0 %

The company has a market cap of $16.20 billion, a PE ratio of 33.00 and a beta of -3.24. The company’s 50 day moving average is $23.68 and its 200 day moving average is $32.04.

MicroSectors US Big Banks Index -3X Inverse Leveraged ETN Company Profile

(Get Free Report)

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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