MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s share price rose 6% during trading on Thursday . The company traded as high as $9.49 and last traded at $9.49. Approximately 7,538 shares traded hands during trading, a decline of 46% from the average daily volume of 13,983 shares. The stock had previously closed at $8.95.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The company has a market cap of $6.48 billion, a PE ratio of 13.91 and a beta of -4.70. The stock’s 50-day simple moving average is $6.81 and its 200 day simple moving average is $8.14.
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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