Shares of MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) traded up 5.8% during trading on Friday . The stock traded as high as $15.69 and last traded at $15.52. 660 shares traded hands during trading, a decline of 85% from the average session volume of 4,301 shares. The stock had previously closed at $14.67.
MAX Airlines -3x Inverse Leveraged ETN Stock Up 1.3 %
The firm has a market capitalization of $10.84 billion and a PE ratio of 24.23. The company’s 50-day simple moving average is $12.36 and its 200 day simple moving average is $14.03.
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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