MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 23,026 shares traded hands during mid-day trading, an increase of 86% from the previous session’s volume of 12,355 shares.The stock last traded at $9.63 and had previously closed at $8.90.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock has a market cap of $6.71 billion, a PE ratio of 13.91 and a beta of -4.70. The company’s fifty day moving average is $6.67 and its 200-day moving average is $8.13.
About MAX Auto Industry -3x Inverse Leveraged ETN
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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