MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares traded down 7.3% during mid-day trading on Thursday . The company traded as low as $5.81 and last traded at $5.84. 3,434 shares changed hands during trading, a decline of 51% from the average session volume of 7,066 shares. The stock had previously closed at $6.30.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Down 6.3 %
The firm has a 50 day simple moving average of $6.39 and a 200 day simple moving average of $8.71.
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.
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