MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $9.20, but opened at $8.74. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $8.60, with a volume of 6,059 shares.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Up 8.4 %
The firm’s 50-day simple moving average is $6.76 and its 200 day simple moving average is $8.13. The stock has a market capitalization of $7.07 billion, a P/E 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.
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