Shares of MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) saw unusually-high trading volume on Friday . Approximately 12,034 shares changed hands during mid-day trading, an increase of 171% from the previous session’s volume of 4,447 shares.The stock last traded at $15.58 and had previously closed at $14.76.
MAX Airlines -3x Inverse Leveraged ETN Stock Performance
The stock has a market capitalization of $11.46 billion and a PE ratio of 24.23. The business’s 50-day moving average price is $12.58 and its 200 day moving average price is $13.87.
About MAX Airlines -3x Inverse Leveraged ETN
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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