MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report)’s stock price shot up 9.8% during trading on Friday . The company traded as high as $17.87 and last traded at $17.96. 600 shares traded hands during trading, a decline of 58% from the average session volume of 1,422 shares. The stock had previously closed at $16.35.
MAX Airlines 3x Leveraged ETN Trading Down 1.3 %
The firm’s 50 day simple moving average is $16.69 and its two-hundred day simple moving average is $24.32. The firm has a market cap of $12.86 billion and a price-to-earnings ratio of 9.65.
About MAX Airlines 3x Leveraged ETN
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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