MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Sees Unusually-High Trading Volume – Should You Buy?

Shares of MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) saw strong trading volume on Tuesday . 1,362 shares traded hands during trading, an increase of 108% from the previous session’s volume of 655 shares.The stock last traded at $17.37 and had previously closed at $19.08.

MAX Airlines 3x Leveraged ETN Stock Down 3.0 %

The company has a market cap of $13.24 billion and a PE ratio of 11.69. The company’s fifty day moving average is $26.10 and its 200-day moving average is $26.06.

MAX Airlines 3x Leveraged ETN Company Profile

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The MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing.

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