MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $31.68, but opened at $29.83. MAX Auto Industry 3x Leveraged ETN shares last traded at $30.07, with a volume of 1,383 shares traded.
MAX Auto Industry 3x Leveraged ETN Trading Down 6.3 %
The company’s 50-day moving average is $30.33 and its 200-day moving average is $25.82.
About MAX Auto Industry 3x Leveraged ETN
The MAX Auto Industry 3X Leveraged ETN (CARU) 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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