MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s stock price rose 8% during mid-day trading on Monday . The stock traded as high as $7.83 and last traded at $7.83. Approximately 7,813 shares changed hands during trading, a decline of 71% from the average daily volume of 26,926 shares. The stock had previously closed at $7.25.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The stock has a market capitalization of $5.90 billion, a PE ratio of 18.41 and a beta of -4.70. The company’s fifty day simple moving average is $7.65 and its two-hundred day simple moving average is $7.65.
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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