MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Sees Strong Trading Volume – What’s Next?

Shares of MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 362 shares changed hands during mid-day trading, a decline of 9% from the previous session’s volume of 396 shares.The stock last traded at $26.20 and had previously closed at $26.05.

MAX Airlines 3x Leveraged ETN Trading Up 0.3 %

The company’s fifty day moving average is $29.59 and its 200 day moving average is $25.28. The company has a market capitalization of $19.06 billion and a P/E ratio of 15.55.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

The MAX Airlines 3X Leveraged ETNs (JETU) is an exchange-traded fund that is based on the Prime Airlines index. The fund tracks 3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, air freight and logistics, and aircraft and parts manufacturing.

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