MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Stock Price Up 9.4% – What’s Next?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report)’s share price traded up 9.4% during mid-day trading on Tuesday . The stock traded as high as $12.44 and last traded at $12.48. 673 shares changed hands during trading, a decline of 10% from the average session volume of 748 shares. The stock had previously closed at $11.41.

MAX Airlines 3x Leveraged ETN Stock Performance

The stock has a market cap of $8.08 billion and a PE ratio of 11.69. The company’s 50 day simple moving average is $24.32 and its 200 day simple moving average is $25.88.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

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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