Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) saw unusually-strong trading volume on Monday . Approximately 46,453 shares traded hands during trading, an increase of 91% from the previous session’s volume of 24,320 shares.The stock last traded at $10.73 and had previously closed at $9.21.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The company has a market cap of $4.78 billion, a PE ratio of 18.41 and a beta of -4.70. The business’s 50-day moving average is $7.51 and its 200 day moving average is $7.81.
About MAX Auto Industry -3x Inverse Leveraged ETN
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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