MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) traded down 15% on Monday . The company traded as low as $19.08 and last traded at $17.63. 1,080 shares were traded during mid-day trading, an increase of 66% from the average session volume of 651 shares. The stock had previously closed at $20.74.
MAX Airlines 3x Leveraged ETN Stock Down 2.6 %
The business has a 50-day simple moving average of $25.79 and a 200-day simple moving average of $26.05. The company has a market cap of $13.31 billion and a PE ratio of 11.69.
MAX Airlines 3x Leveraged ETN Company Profile
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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