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

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 9,981 shares, an increase of 100.6% from the September 30th total of 4,975 shares. Based on an average daily trading volume, of 22,688 shares, the short-interest ratio is presently 0.4 days. Currently, 6.2% of the company’s shares are sold short.

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

MicroSectors U.S. Big Banks 3X Leveraged ETNs stock traded down $1.98 during midday trading on Friday, hitting $30.75. The company’s stock had a trading volume of 20,718 shares, compared to its average volume of 14,936. The company has a 50-day moving average price of $36.79 and a two-hundred day moving average price of $35.78. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 1-year low of $23.30 and a 1-year high of $49.46. The company has a market cap of $4.92 million, a price-to-earnings ratio of 14.27 and a beta of 2.81.

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.