MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) Short Interest Up 6,696.6% in June

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 37,517 shares, an increase of 6,696.6% from the May 31st total of 552 shares. Based on an average trading volume of 8,097 shares, the days-to-cover ratio is currently 4.6 days. Currently, 23.4% of the shares of the stock are sold short.

MicroSectors U.S. Big Banks 3X Leveraged ETNs Trading Down 4.5%

Shares of NYSEARCA:BNKU opened at $39.54 on Friday. The company has a market cap of $6.33 million, a price-to-earnings ratio of 14.27 and a beta of 2.99. The company has a 50-day moving average price of $34.50 and a 200 day moving average price of $32.83. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 12 month low of $21.11 and a 12 month high of $43.92.

About MicroSectors U.S. Big Banks 3X Leveraged ETNs

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.