Shares of MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) saw strong trading volume on Monday . 1,319 shares were traded during mid-day trading, a decline of 16% from the previous session’s volume of 1,573 shares.The stock last traded at $21.54 and had previously closed at $21.38.
MAX Airlines 3x Leveraged ETN Price Performance
The firm has a market capitalization of $15.75 billion and a P/E ratio of 15.19. The stock’s fifty day simple moving average is $16.27 and its 200 day simple moving average is $23.43.
MAX Airlines 3x Leveraged ETN Company Profile
The MAX Airlines 3X Leveraged ETNs (JETU) is an exchange-traded fund that is based on the Prime Airlines index. The fund tracks 3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, air freight and logistics, and aircraft and parts manufacturing.
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