MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $20.94, but opened at $19.58. MAX Auto Industry 3x Leveraged ETN shares last traded at $20.03, with a volume of 7,598 shares changing hands.
MAX Auto Industry 3x Leveraged ETN Stock Performance
The stock has a 50 day moving average of $28.63 and a 200 day moving average of $26.63. The stock has a market capitalization of $14.02 billion, a P/E ratio of 11.29 and a beta of 4.69.
About MAX Auto Industry 3x Leveraged ETN
The MAX Auto Industry 3X Leveraged ETN (CARU) 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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