MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) Short Interest Update

MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) was the recipient of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 5,135 shares, a decline of 80.5% from the April 15th total of 26,296 shares. Based on an average daily volume of 20,926 shares, the short-interest ratio is currently 0.2 days. Currently, 0.9% of the shares of the company are short sold.

MAX Auto Industry -3x Inverse Leveraged ETN Stock Up 9.5%

Shares of CARD traded up $0.26 during trading hours on Tuesday, hitting $2.98. The company had a trading volume of 857 shares, compared to its average volume of 23,810. The business has a fifty day moving average of $3.14 and a 200-day moving average of $2.89. The firm has a market cap of $1.79 million, a price-to-earnings ratio of -205.81 and a beta of -3.39. MAX Auto Industry -3x Inverse Leveraged ETN has a 12 month low of $2.29 and a 12 month high of $4.71.

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. CARD was launched on Jun 30, 2023 and is issued by Max.