MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $19.81, but opened at $19.37. MAX Auto Industry 3x Leveraged ETN shares last traded at $19.30, with a volume of 1,307 shares changing hands.
MAX Auto Industry 3x Leveraged ETN Trading Up 3.2 %
The firm has a 50-day simple moving average of $27.24 and a 200-day simple moving average of $26.35. The firm has a market cap of $14.28 billion, a P/E ratio of 11.39 and a beta of 4.69.
About MAX Auto Industry 3x Leveraged ETN
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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