MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) Shares Shorted: Short Interest Up 100.6% in October

by · The Markets Daily

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU – Get Free Report) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 9,981 shares, an increase of 100.6% from the September 30th total of 4,975 shares. Approximately 6.2% of the shares of the company are short sold. Based on an average daily trading volume, of 22,688 shares, the days-to-cover ratio is currently 0.4 days.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Price Performance

Shares of NYSEARCA BNKU traded down $1.98 during trading on Friday, reaching $30.75. 20,718 shares of the stock traded hands, compared to its average volume of 14,936. The stock has a market capitalization of $4.92 million, a P/E ratio of 14.27 and a beta of 2.81. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 52-week low of $23.30 and a 52-week high of $49.46. The company has a 50-day moving average of $36.79 and a 200-day moving average of $35.78.

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

(Get Free Report)

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.

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