MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s share price rose 6.8% during trading on Friday . The company traded as high as $6.44 and last traded at $6.44. Approximately 2,476 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 8,596 shares. The stock had previously closed at $6.03.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock has a 50 day simple moving average of $6.30 and a 200 day simple moving average of $8.50.
About MAX Auto Industry -3x Inverse Leveraged ETN
The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) 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.
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