MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 5,502 shares were traded during mid-day trading, an increase of 261% from the previous session’s volume of 1,526 shares.The stock last traded at $7.20 and had previously closed at $6.76.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock’s 50-day simple moving average is $7.51 and its 200 day simple moving average is $9.84.
About MAX Auto Industry -3x Inverse Leveraged ETN
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.
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