MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Trading Down 6% – Here’s What Happened

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARUGet Free Report) shares traded down 6% during trading on Tuesday . The stock traded as low as $29.83 and last traded at $29.80. 279 shares changed hands during trading, an increase of 4% from the average session volume of 269 shares. The stock had previously closed at $31.68.

MAX Auto Industry 3x Leveraged ETN Trading Up 3.1 %

The stock has a 50-day simple moving average of $30.50 and a two-hundred day simple moving average of $25.89.

About MAX Auto Industry 3x Leveraged ETN

(Get Free Report)

The MAX Auto Industry 3X Leveraged ETN (CARU) 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.

Featured Stories

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