MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKD) Shares Gap Down to $22.80

MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKDGet Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $22.80, but opened at $22.26. MicroSectors US Big Banks Index -3X Inverse Leveraged ETN shares last traded at $22.01, with a volume of 18,690 shares trading hands.

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

The business has a 50 day moving average price of $22.34 and a 200-day moving average price of $26.94. The company has a market capitalization of $15.72 billion, a price-to-earnings ratio of 33.00 and a beta of -3.24.

About MicroSectors US Big Banks Index -3X Inverse Leveraged ETN

(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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