MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) Shares Down 3.4% – Here’s Why

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKDGet Free Report)’s share price fell 3.4% during mid-day trading on Monday . The stock traded as low as $35.95 and last traded at $35.95. 283 shares traded hands during trading, a decline of 51% from the average session volume of 575 shares. The stock had previously closed at $37.20.

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

The stock has a 50 day moving average price of $24.00 and a 200 day moving average price of $20.26. The company has a market capitalization of $5.52 million, a P/E ratio of 25.88 and a beta of -3.24.

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

(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.

Further Reading

Receive News & Ratings for MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs and related companies with MarketBeat.com's FREE daily email newsletter.