MicroSectors U.S. Big Banks -3 Inverse Leveraged ETN·Financial Services
The notes are senior unsecured medium-term notes issued by Bank of Montreal with a return linked to a three times leveraged participation in the inverse performance of the index, compounded daily, less a Daily Investor Fee, any negative Daily Interest and, if applicable, the Redemption Fee Amount. The index is an equal-dollar weighted index designed to represent the 10 U.S. stocks with the largest market capitalization in the banking sector.
Financial Services
Asset Management
2025-02-20
-3.17

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

NEW YORK, Feb. 12, 2026 /PRNewswire/ - Bank of Montreal ("BMO") today announced that it will be implementing reverse splits of six series of its outstanding Exchange Traded Notes listed in the table below (each, an "ETN" and, collectively, the "ETNs"). Each reverse split is expected to be effective at the open of trading on February 24, 2026 (the "Effective Date").

MicroSectors U.S. Big Banks -3X Inverse Leveraged ETNs (NYSEARCA:BNKD - Get Free Report) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 4,378 shares, a growth of 24.7% from the December 15th total of 3,512 shares. Approximately 2.7% of the