MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Sees Unusually-High Trading Volume – Still a Buy?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 856 shares traded hands during trading, an increase of 115% from the previous session’s volume of 398 shares.The stock last traded at $20.85 and had previously closed at $22.67.

MAX Airlines 3x Leveraged ETN Stock Down 8.4 %

The stock’s 50-day moving average price is $28.90 and its 200 day moving average price is $25.81. The company has a market cap of $15.15 billion and a P/E ratio of 15.55.

About MAX Airlines 3x Leveraged ETN

(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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