MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) shares reached a new 52-week low during trading on Monday . The company traded as low as $9.67 and last traded at $10.00, with a volume of 2851 shares traded. The stock had previously closed at $11.45.
MAX Airlines -3x Inverse Leveraged ETN Stock Performance
The company’s 50 day moving average price is $15.78 and its 200-day moving average price is $13.49. The company has a market cap of $7.09 billion and a price-to-earnings ratio of 10.91.
About MAX Airlines -3x Inverse Leveraged ETN
The MAX Airlines -3X Inverse Leveraged ETNs (JETD) is an exchange-traded fund that is based on the Prime Airlines index. The fund tracks -3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, airfreight and logistics, and aircraft and parts manufacturing.
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