MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) Sees Large Increase in Short Interest

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) saw a significant growth in short interest in March. As of March 31st, there was short interest totaling 17,225 shares, a growth of 45.5% from the March 15th total of 11,836 shares. Based on an average daily volume of 13,123 shares, the short-interest ratio is currently 1.3 days. Currently, 10.8% of the company’s stock are sold short.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Trading Up 0.5%

Shares of BNKU traded up $0.15 during trading hours on Tuesday, reaching $33.08. 23,805 shares of the stock traded hands, compared to its average volume of 22,336. The stock has a fifty day simple moving average of $29.54 and a 200 day simple moving average of $30.06. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 52 week low of $10.60 and a 52 week high of $40.76. The company has a market cap of $5.29 million, a price-to-earnings ratio of 14.27 and a beta of 3.74.

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

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.