Shares of MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) traded down 8.9% on Friday . The company traded as low as $21.15 and last traded at $19.65. 1,891 shares changed hands during trading, an increase of 174% from the average session volume of 690 shares. The stock had previously closed at $21.56.
MAX Airlines 3x Leveraged ETN Price Performance
The business has a 50-day moving average of $27.25 and a two-hundred day moving average of $25.91. The company has a market cap of $15.20 billion and a P/E ratio of 11.49.
MAX Airlines 3x Leveraged ETN Company Profile
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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