MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Trading Down 1.6% – What’s Next?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report)’s stock price traded down 1.6% during trading on Tuesday . The company traded as low as $22.67 and last traded at $22.67. 381 shares were traded during mid-day trading, a decline of 84% from the average session volume of 2,416 shares. The stock had previously closed at $23.04.

MAX Airlines 3x Leveraged ETN Stock Performance

The stock has a market capitalization of $3.63 million and a P/E ratio of 15.19. The firm has a fifty day moving average price of $22.97 and a two-hundred day moving average price of $20.21.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

The MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing.

Further Reading

Receive News & Ratings for MAX Airlines 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Airlines 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.