MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD) Sees Large Volume Increase – What’s Next?

MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETDGet Free Report) shares saw an uptick in trading volume on Tuesday . 11,199 shares traded hands during mid-day trading, an increase of 62% from the previous session’s volume of 6,896 shares.The stock last traded at $9.68 and had previously closed at $9.79.

MAX Airlines -3x Inverse Leveraged ETN Stock Down 0.1%

The firm has a market cap of $7.04 billion and a price-to-earnings ratio of 10.91. The company has a 50-day moving average price of $15.26 and a 200 day moving average price of $13.30.

About MAX Airlines -3x Inverse Leveraged ETN

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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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