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

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) was the recipient of a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 11,836 shares, a drop of 39.0% from the February 26th total of 19,416 shares. Based on an average daily volume of 27,922 shares, the short-interest ratio is currently 0.4 days. Approximately 7.4% of the company’s shares are short sold.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Stock Down 5.6%

Shares of BNKU traded down $1.45 during mid-day trading on Friday, reaching $24.48. The company’s stock had a trading volume of 2,832 shares, compared to its average volume of 22,171. The business has a fifty day moving average of $30.96 and a 200 day moving average of $29.94. The company has a market cap of $3.92 million, a price-to-earnings ratio of 14.27 and a beta of -5.19. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 1 year low of $8.51 and a 1 year high of $40.76.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Company Profile

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.