Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) traded up 2.8% during mid-day trading on Friday . The stock traded as high as $8.83 and last traded at $8.83. 1,032 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 15,653 shares. The stock had previously closed at $8.59.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The firm has a market cap of $6.16 billion, a price-to-earnings ratio of 17.31 and a beta of -4.70. The firm’s fifty day moving average is $7.01 and its 200-day moving average is $8.11.
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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