MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) fell 7.7% during mid-day trading on Monday . The stock traded as low as $7.52 and last traded at $7.52. 4,739 shares changed hands during trading, a decline of 69% from the average session volume of 15,432 shares. The stock had previously closed at $8.15.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The firm has a market capitalization of $4.93 billion, a PE ratio of 17.31 and a beta of -4.70. The stock has a fifty day moving average price of $7.03 and a 200-day moving average price of $8.04.
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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