MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report)’s share price rose 9.4% on Tuesday . The stock traded as high as $12.44 and last traded at $12.48. Approximately 673 shares traded hands during trading, a decline of 10% from the average daily volume of 748 shares. The stock had previously closed at $11.41.
MAX Airlines 3x Leveraged ETN Trading Down 19.9 %
The company has a market cap of $8.79 billion and a price-to-earnings ratio of 11.69. The stock has a 50-day simple moving average of $22.83 and a 200-day simple moving average of $25.60.
MAX Airlines 3x Leveraged ETN Company Profile
The MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing.
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