MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKD – Get Free Report) shares were down 3.9% on Monday . The company traded as low as $20.32 and last traded at $20.36. Approximately 19,421 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 76,688 shares. The stock had previously closed at $21.18.
MicroSectors US Big Banks Index -3X Inverse Leveraged ETN Trading Down 1.4 %
The stock has a market capitalization of $14.26 billion, a P/E ratio of 33.00 and a beta of -3.24. The stock’s fifty day moving average price is $21.96 and its two-hundred day moving average price is $26.33.
About MicroSectors US Big Banks Index -3X Inverse Leveraged ETN
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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