MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Short Interest Update

Posted by Teresa Graham on Jun 27th, 2026

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 657 shares, an increase of 4,592.9% from the May 31st total of 14 shares. Based on an average daily volume of 604 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.4% of the shares of the stock are sold short.

MAX Auto Industry 3x Leveraged ETN Trading Up 3.3%

NYSEARCA CARU traded up $0.70 on Friday, reaching $22.13. 1,307 shares of the company were exchanged, compared to its average volume of 657. The business’s fifty day moving average price is $23.48 and its 200 day moving average price is $26.69. MAX Auto Industry 3x Leveraged ETN has a fifty-two week low of $18.49 and a fifty-two week high of $37.63. The stock has a market capitalization of $3.54 million, a P/E ratio of 19.04 and a beta of 3.46.

About MAX Auto Industry 3x Leveraged ETN

(Get Free Report)

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