Shares of MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKD – Get Free Report) gapped up prior to trading on Thursday . The stock had previously closed at $18.22, but opened at $25.07. MicroSectors US Big Banks Index -3X Inverse Leveraged ETN shares last traded at $25.70, with a volume of 201 shares.
MicroSectors US Big Banks Index -3X Inverse Leveraged ETN Price Performance
The stock has a market cap of $18.74 billion, a price-to-earnings ratio of 33.00 and a beta of -3.24. The stock’s 50 day simple moving average is $18.23 and its two-hundred day simple moving average is $18.23.
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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