MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report)’s stock price shot up 6.5% during mid-day trading on Friday . The stock traded as high as $14.75 and last traded at $14.76. 8,649 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 9,612 shares. The stock had previously closed at $13.85.
MAX Airlines -3x Inverse Leveraged ETN Stock Performance
The business’s 50 day simple moving average is $11.69 and its 200 day simple moving average is $14.49.
About MAX Airlines -3x Inverse Leveraged ETN
The MAX Airlines -3X Inverse Leveraged ETNs (JETD) 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, airfreight and logistics, and aircraft and parts manufacturing.
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