MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) Trading 2.5% Higher – What’s Next?

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKDGet Free Report) shares traded up 2.5% on Tuesday . The company traded as high as $13.56 and last traded at $13.56. 9 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 1,122 shares. The stock had previously closed at $13.23.

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

The firm has a market capitalization of $2.17 million, a P/E ratio of 25.88 and a beta of -2.90. The stock’s 50-day simple moving average is $15.48 and its two-hundred day simple moving average is $23.79.

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