MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report)’s stock price was up 3.9% during trading on Thursday . The stock traded as high as $14.35 and last traded at $14.40. Approximately 862 shares were traded during trading, a decline of 80% from the average daily volume of 4,388 shares. The stock had previously closed at $13.86.
MAX Airlines -3x Inverse Leveraged ETN Stock Performance
The company has a market cap of $10.60 billion and a price-to-earnings ratio of 24.23. The stock’s fifty day moving average is $12.50 and its two-hundred day moving average is $13.87.
About MAX Airlines -3x Inverse Leveraged ETN
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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