Shares of MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $18.97, but opened at $19.91. MAX Auto Industry 3x Leveraged ETN shares last traded at $19.43, with a volume of 2,982 shares trading hands.
MAX Auto Industry 3x Leveraged ETN Trading Up 7.2 %
The business has a 50-day moving average of $27.24 and a 200 day moving average of $26.35. The firm has a market capitalization of $14.83 billion, a PE ratio of 11.39 and a beta of 4.69.
About MAX Auto Industry 3x Leveraged ETN
The MAX Auto Industry 3X Leveraged ETN (CARU) 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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