MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) Stock Price Down 0.4% – Should You Sell?

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKDGet Free Report)’s share price dropped 0.4% during mid-day trading on Friday . The company traded as low as $11.44 and last traded at $11.44. Approximately 17 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 1,277 shares. The stock had previously closed at $11.49.

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

The firm has a market cap of $1.83 million, a price-to-earnings ratio of 25.88 and a beta of -5.00. The stock has a 50-day moving average of $13.77 and a 200-day moving average of $16.75.

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.

See Also

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.