MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) Sees Large Growth in Short Interest

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 44,378 shares, an increase of 500.3% from the December 31st total of 7,393 shares. Approximately 27.7% of the shares of the company are short sold. Based on an average daily volume of 29,037 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 29,037 shares, the short-interest ratio is currently 1.5 days. Approximately 27.7% of the shares of the company are short sold.

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

Shares of NYSEARCA BNKU opened at $34.24 on Wednesday. The firm has a market capitalization of $5.48 million, a PE ratio of 14.27 and a beta of -5.19. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 1-year low of $8.51 and a 1-year high of $39.33. The business’s fifty day moving average price is $32.92 and its two-hundred day moving average price is $28.25.

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

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