Short Interest in MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) Declines By 66.0%

by · The Markets Daily

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU – Get Free Report) was the target of a large decline in short interest in January. As of January 30th, there was short interest totaling 15,069 shares, a decline of 66.0% from the January 15th total of 44,378 shares. Currently, 9.4% of the company’s stock are short sold. Based on an average daily trading volume, of 18,251 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 18,251 shares, the days-to-cover ratio is presently 0.8 days. Currently, 9.4% of the company’s stock are short sold.

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

BNKU traded up $0.21 during midday trading on Friday, hitting $31.82. 11,992 shares of the company’s stock traded hands, compared to its average volume of 21,553. The company has a market cap of $5.09 million, a PE ratio of 14.27 and a beta of -5.19. The stock’s fifty day simple moving average is $35.04 and its 200-day simple moving average is $29.26. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a one year low of $8.51 and a one year high of $40.76.

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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