MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKD) Shares Gap Down to $20.57

Shares of MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKDGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $20.57, but opened at $20.13. MicroSectors US Big Banks Index -3X Inverse Leveraged ETN shares last traded at $20.02, with a volume of 7,939 shares traded.

MicroSectors US Big Banks Index -3X Inverse Leveraged ETN Stock Performance

The company has a fifty day moving average price of $24.51 and a 200-day moving average price of $33.79. The firm has a market capitalization of $14.53 billion, a PE ratio of 33.00 and a beta of -3.24.

MicroSectors US Big Banks Index -3X Inverse Leveraged ETN Company Profile

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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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