Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 23,107 shares changed hands during mid-day trading, an increase of 17% from the previous session’s volume of 19,755 shares.The stock last traded at $8.24 and had previously closed at $7.72.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The company’s 50-day moving average price is $7.12 and its 200 day moving average price is $7.90. The stock has a market capitalization of $5.23 billion, a PE ratio of 17.31 and a beta of -4.70.
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.
Recommended Stories
- Five stocks we like better than MAX Auto Industry -3x Inverse Leveraged ETN
- Why is the Ex-Dividend Date Significant to Investors?
- D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy
- Investing In Preferred Stock vs. Common Stock
- Amazon Falls Back to a Key Support Line: Here’s How to Play It
- Stock Average Calculator
- Buffett Trims Equities, But Still Keeps Buying This Stock
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.
