MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 23,026 shares changed hands during trading, an increase of 86% from the previous session’s volume of 12,355 shares.The stock last traded at $9.63 and had previously closed at $8.90.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The stock has a market cap of $7.07 billion, a P/E ratio of 13.91 and a beta of -4.70. The firm has a 50 day moving average of $6.76 and a two-hundred day moving average of $8.13.
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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