MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Trading 10.9% Higher – Here’s Why

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) traded up 10.9% during trading on Friday . The stock traded as high as $25.04 and last traded at $24.96. 1,269 shares were traded during trading, a decline of 54% from the average session volume of 2,776 shares. The stock had previously closed at $22.50.

MAX Airlines 3x Leveraged ETN Stock Performance

The stock has a market cap of $3.99 million and a P/E ratio of 15.19. The firm’s 50 day moving average is $22.11 and its 200 day moving average is $20.66.

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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