MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) Shares Gap Up – Should You Buy?

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKDGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $18.22, but opened at $25.07. MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs shares last traded at $25.70, with a volume of 201 shares changing hands.

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

The stock has a market cap of $20.61 billion, a P/E ratio of 33.00 and a beta of -3.24. The firm’s 50-day moving average is $18.40 and its two-hundred day moving average is $18.29.

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

(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.

Read More

Receive News & Ratings for MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs and related companies with MarketBeat.com's FREE daily email newsletter.