Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) traded down 3.1% on Friday . The company traded as low as $6.91 and last traded at $6.91. 2,887 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 4,344 shares. The stock had previously closed at $7.13.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Down 4.5 %
The firm’s 50 day moving average is $7.46 and its two-hundred day moving average is $9.78.
MAX Auto Industry -3x Inverse Leveraged ETN Company Profile
The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) is an exchange-traded fund that is based on the Prime Auto Industry index. The fund is an exchange-traded note that tracks -3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity.
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