Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $8.36, but opened at $8.65. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $8.69, with a volume of 6,244 shares changing hands.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The firm’s 50 day moving average is $6.67 and its 200-day moving average is $8.13. The firm has a market cap of $6.71 billion, a price-to-earnings ratio of 13.91 and a beta of -4.70.
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.
Recommended Stories
- Five stocks we like better than MAX Auto Industry -3x Inverse Leveraged ETN
- What does consumer price index measure?
- NVIDIA Stock Remains Stunningly Undervalued—Here’s Why
- Trading Halts Explained
- Oracle Stock: 5 Reasons This AI Powerhouse Is a Long-Term Buy
- Growth Stocks: What They Are, Examples and How to Invest
- U.S. Stocks Sink, Foreign Markets Soar: 3 ETFs to Ride the Wave
Receive News & Ratings for MAX Auto Industry -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Auto Industry -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
