MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD) Stock Price Down 1.9% – Should You Sell?

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD – Get Free Report)’s stock price dropped 1.9% during trading on Monday . The company traded as low as $8.13 and last traded at $8.13. Approximately 247 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 894 shares. The stock had previously closed at $8.29.

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs Stock Down 1.9%

The stock has a market cap of $1.30 million, a PE ratio of 25.88 and a beta of -5.00. The stock has a fifty day moving average of $9.90 and a 200-day moving average of $13.03.

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.

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