MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD) Shares Gap Down – What’s Next?

MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETDGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $11.61, but opened at $11.25. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $11.39, with a volume of 464 shares traded.

MAX Airlines -3x Inverse Leveraged ETN Stock Down 1.3 %

The stock’s 50 day moving average price is $11.55 and its two-hundred day moving average price is $15.63.

MAX Airlines -3x Inverse Leveraged ETN Company Profile

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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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