MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 28,618 shares changed hands during mid-day trading, an increase of 156% from the previous session’s volume of 11,186 shares.The stock last traded at $8.12 and had previously closed at $8.39.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The firm has a market capitalization of $6.02 billion, a PE ratio of 13.91 and a beta of -4.70. The company has a fifty day moving average of $6.49 and a 200-day moving average of $8.19.
MAX Auto Industry -3x Inverse Leveraged ETN Company Profile
The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) is an exchange-traded fund that is based on the Prime Auto Industry index. The fund is an exchange-traded note that tracks -3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity.
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