MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s stock price was up 7.4% during trading on Thursday . The company traded as high as $8.37 and last traded at $8.37. Approximately 6,289 shares traded hands during trading, a decline of 47% from the average daily volume of 11,782 shares. The stock had previously closed at $7.79.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Up 9.0 %
The company’s 50 day simple moving average is $6.53 and its 200-day simple moving average is $8.18. The company has a market capitalization of $6.19 billion, a price-to-earnings ratio of 13.91 and a beta of -4.70.
MAX Auto Industry -3x Inverse Leveraged ETN Company Profile
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.
Further Reading
- Five stocks we like better than MAX Auto Industry -3x Inverse Leveraged ETN
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- Occidental Petroleum Drops to 52-Week Low: Buy, Sell, or Hold?
- What is a buyback in stocks? A comprehensive guide for investors
- Super Micro Computer Is Now NASDAQ Compliant—But Is It a Buy?
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Taiwan Semi’s $100 Billion Investment: Fate of the Chipmakers
Receive News & Ratings for MAX Auto Industry -3x Inverse 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 Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
