MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) was up 3.7% during trading on Wednesday. The company traded as high as $3.17 and last traded at $3.09. 11,908 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 19,778 shares. The stock had previously closed at $2.98.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Up 1.7%
The firm has a 50-day simple moving average of $2.56 and a two-hundred day simple moving average of $2.67. The company has a market capitalization of $1.75 million, a price-to-earnings ratio of -202.41 and a beta of -3.42.
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.
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