MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $6.56, but opened at $7.42. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $7.60, with a volume of 17,767 shares changing hands.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Up 18.8 %
The stock has a market cap of $5.68 billion, a price-to-earnings ratio of 18.41 and a beta of -4.70. The stock has a fifty day simple moving average of $7.51 and a 200-day simple moving average of $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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