MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $13.86, but opened at $14.35. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $14.28, with a volume of 803 shares traded.
MAX Airlines -3x Inverse Leveraged ETN Trading Up 7.5 %
The stock has a market capitalization of $11.57 billion and a price-to-earnings ratio of 24.23. The company’s 50-day simple moving average is $12.58 and its 200-day simple moving average is $13.87.
About MAX Airlines -3x Inverse Leveraged ETN
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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