Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) traded down 7.7% during mid-day trading on Monday . The company traded as low as $7.52 and last traded at $7.52. 4,739 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 15,432 shares. The stock had previously closed at $8.15.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Down 12.4 %
The company has a market cap of $5.21 billion, a P/E ratio of 17.31 and a beta of -4.70. The company has a fifty day moving average of $7.03 and a 200 day moving average of $8.06.
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.
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