MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Short Interest Update

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 1,521 shares, a growth of 60.1% from the July 15th total of 950 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average trading volume of 1,681 shares, the short-interest ratio is currently 0.9 days.

MAX Airlines 3x Leveraged ETN Price Performance

NYSEARCA JETU opened at $33.88 on Wednesday. MAX Airlines 3x Leveraged ETN has a 12 month low of $20.20 and a 12 month high of $43.40. The company has a market capitalization of $5.42 million, a price-to-earnings ratio of 15.19 and a beta of 3.34. The company’s fifty day moving average price is $37.11 and its two-hundred day moving average price is $32.48.

About MAX Airlines 3x Leveraged ETN

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. The index is selected and weighted by market cap JETU was launched on Jun 23, 2023 and is issued by Max.