MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $8.92, but opened at $8.73. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $8.68, with a volume of 8,376 shares.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Up 2.3 %
The company has a 50 day moving average of $7.01 and a 200 day moving average of $8.11. The firm has a market cap of $6.26 billion, a price-to-earnings ratio of 17.31 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.
Further Reading
- Five stocks we like better than MAX Auto Industry -3x Inverse Leveraged ETN
- Why Invest in High-Yield Dividend Stocks?
- Lucid’s Stock Comeback—Is a Long-Term Recovery Ahead?
- Russell 2000 Index, How Investors Use it For Profitable Trading
- BYD Unveils Ultra-Fast Charging—Will It Supercharge BYDDY Stock?
- What Are the FAANG Stocks and Are They Good Investments?
- Ollie’s Bargain Outlet: Ollie’s Army Marching to New Highs
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.
