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

MicroSectors U.S. Big Banks 3X Leveraged ETNs (NYSEARCA:BNKU) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 11,836 shares, a decline of 39.0% from the February 26th total of 19,416 shares. Based on an average trading volume of 27,922 shares, the days-to-cover ratio is currently 0.4 days. Approximately 7.4% of the company’s stock are sold short.

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

Shares of NYSEARCA:BNKU traded down $1.96 during trading hours on Friday, reaching $23.97. The stock had a trading volume of 7,794 shares, compared to its average volume of 22,263. MicroSectors U.S. Big Banks 3X Leveraged ETNs has a 1 year low of $8.51 and a 1 year high of $40.76. The firm’s 50 day moving average is $30.72 and its 200-day moving average is $29.96. The stock has a market capitalization of $3.84 million, a price-to-earnings ratio of 14.27 and a beta of -5.19.

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.