MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD) Shares Gap Up – Time to Buy?

MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETDGet Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $14.08, but opened at $15.36. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $14.81, with a volume of 5,635 shares traded.

MAX Airlines -3x Inverse Leveraged ETN Stock Up 7.9 %

The business’s fifty day moving average price is $11.69 and its two-hundred day moving average price is $14.43.

MAX Airlines -3x Inverse Leveraged ETN Company Profile

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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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