MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Short Interest Down 85.5% in June

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) was the recipient of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 583 shares, a decrease of 85.5% from the May 31st total of 4,013 shares. Based on an average daily trading volume, of 5,505 shares, the short-interest ratio is presently 0.1 days. Approximately 0.4% of the company’s stock are short sold.

MAX Airlines 3x Leveraged ETN Stock Up 0.3%

MAX Airlines 3x Leveraged ETN stock traded up $0.11 during trading on Friday, reaching $41.06. The stock had a trading volume of 1,583 shares, compared to its average volume of 7,849. MAX Airlines 3x Leveraged ETN has a 52-week low of $20.10 and a 52-week high of $43.40. The business has a 50 day moving average price of $30.31 and a 200 day moving average price of $30.98. The stock has a market cap of $6.57 million, a PE ratio of 15.19 and a beta of 3.45.

About MAX Airlines 3x Leveraged ETN

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. The index is selected and weighted by market cap JETU was launched on Jun 23, 2023 and is issued by Max.