Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) traded down 4.2% on Friday . The stock traded as low as $9.07 and last traded at $9.30. 12,885 shares traded hands during trading, a decline of 15% from the average session volume of 15,245 shares. The stock had previously closed at $9.71.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The firm has a market capitalization of $6.48 billion, a price-to-earnings ratio of 13.91 and a beta of -4.70. The company’s fifty day moving average price is $6.85 and its 200 day moving average price is $8.13.
MAX Auto Industry -3x Inverse Leveraged ETN Company Profile
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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