Shares of MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) traded up 9.7% during trading on Thursday . The company traded as high as $29.53 and last traded at $31.67. 267 shares traded hands during mid-day trading, a decline of 9% from the average session volume of 295 shares. The stock had previously closed at $28.88.
MAX Auto Industry 3x Leveraged ETN Price Performance
The firm’s fifty day moving average price is $30.57 and its 200-day moving average price is $26.08.
MAX Auto Industry 3x Leveraged ETN Company Profile
The MAX Auto Industry 3X Leveraged ETN (CARU) 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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