MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report)’s share price traded down 14.9% during trading on Tuesday . The company traded as low as $25.67 and last traded at $22.91. 42 shares were traded during mid-day trading, a decline of 88% from the average session volume of 361 shares. The stock had previously closed at $26.92.
MAX Airlines 3x Leveraged ETN Stock Down 13.7 %
The firm has a market cap of $16.95 billion and a P/E ratio of 15.55. The business’s 50 day moving average is $29.42 and its two-hundred day moving average is $25.64.
MAX Airlines 3x Leveraged ETN Company Profile
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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