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

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 194 shares, a decline of 89.5% from the April 30th total of 1,853 shares. Based on an average daily trading volume, of 11,018 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

MAX Airlines 3x Leveraged ETN Trading Up 0.6%

NYSEARCA JETU traded up $0.20 during trading hours on Friday, reaching $34.16. 4,057 shares of the company traded hands, compared to its average volume of 8,154. MAX Airlines 3x Leveraged ETN has a 12 month low of $17.87 and a 12 month high of $41.88. The stock has a market capitalization of $5.47 million, a PE ratio of 15.19 and a beta of 3.32. The company has a 50 day moving average of $26.85 and a two-hundred day moving average of $29.48.

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