MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) shares rose 4.8% during trading on Tuesday . The stock traded as high as $11.40 and last traded at $11.68. Approximately 2,269 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 4,937 shares. The stock had previously closed at $11.14.
MAX Airlines -3x Inverse Leveraged ETN Price Performance
The business’s fifty day moving average is $11.66 and its 200-day moving average is $16.05.
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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