MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKD) Hits New 1-Year Low at $19.57

Shares of MicroSectors US Big Banks Index -3X Inverse Leveraged ETN (NYSEARCA:BNKDGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $19.57 and last traded at $19.57, with a volume of 104658 shares. The stock had previously closed at $20.87.

MicroSectors US Big Banks Index -3X Inverse Leveraged ETN Stock Down 2.9 %

The firm has a market cap of $13.67 billion, a P/E ratio of 33.00 and a beta of -3.24. The business has a fifty day simple moving average of $21.78 and a 200-day simple moving average of $26.23.

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

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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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