MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $33.24 and traded as high as $36.55. MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs shares last traded at $36.26, with a volume of 1,335 shares changing hands.
MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Price Performance
The firm has a market capitalization of $1.09 million, a price-to-earnings ratio of 25.88 and a beta of -2.38. The business’s 50-day moving average price is $33.24 and its 200 day moving average price is $39.32.
About MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs
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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