MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD) Shares Gap Up – What’s Next?

MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETDGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $12.71, but opened at $13.24. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $14.12, with a volume of 16,667 shares changing hands.

MAX Airlines -3x Inverse Leveraged ETN Stock Performance

The firm’s 50-day moving average price is $11.51 and its 200 day moving average price is $14.69.

About MAX Airlines -3x Inverse Leveraged ETN

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The MAX Airlines -3X Inverse Leveraged ETNs (JETD) is an exchange-traded fund that is based on the Prime Airlines index. The fund tracks -3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, airfreight and logistics, and aircraft and parts manufacturing.

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