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

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) was the target of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 10,277 shares, a drop of 54.0% from the April 15th total of 22,355 shares. Approximately 6.4% of the company’s stock are sold short. Based on an average daily trading volume, of 8,902 shares, the short-interest ratio is presently 1.2 days.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Stock Down 1.9%

Shares of MicroSectors U.S. Big Banks 3X Leveraged ETNs stock traded down $0.57 during midday trading on Friday, hitting $29.95. The company’s stock had a trading volume of 3,551 shares, compared to its average volume of 18,951. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 1-year low of $16.28 and a 1-year high of $40.76. The stock has a 50-day simple moving average of $29.22 and a 200-day simple moving average of $31.00. The firm has a market capitalization of $4.79 million, a P/E ratio of 14.27 and a beta of 3.26.

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

at bmo, banking is our personal commitment to helping people at every stage of their financial lives. the truth is, people’s needs change: so we change too. but we never change who we are. which means we’ll never waiver from providing our customers the best possible banking experience in the industry. our incredible team of over 46,000 people is just the tip of the iceberg. you should get to know us. we’re here to help.