MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $19.05, but opened at $17.02. MAX Airlines 3x Leveraged ETN shares last traded at $15.77, with a volume of 525 shares trading hands.
MAX Airlines 3x Leveraged ETN Stock Down 19.3 %
The firm has a market capitalization of $8.29 billion and a price-to-earnings ratio of 11.69. The company has a 50-day moving average price of $24.75 and a 200-day moving average price of $25.87.
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.
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