MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares traded up 2.9% on Friday . The stock traded as high as $7.57 and last traded at $7.48. 16,362 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 19,294 shares. The stock had previously closed at $7.27.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock’s 50 day simple moving average is $7.09 and its two-hundred day simple moving average is $7.95. The company has a market capitalization of $5.63 billion, a P/E ratio of 17.31 and a beta of -4.70.
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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