Shares of MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) saw unusually-strong trading volume on Friday . Approximately 1,405 shares traded hands during trading, an increase of 94% from the previous session’s volume of 723 shares.The stock last traded at $19.46 and had previously closed at $20.11.
MAX Auto Industry 3x Leveraged ETN Trading Up 4.7 %
The business’s fifty day simple moving average is $26.77 and its 200-day simple moving average is $26.26. The firm has a market cap of $14.99 billion, a P/E ratio of 11.39 and a beta of 4.69.
MAX Auto Industry 3x Leveraged ETN Company Profile
The MAX Auto Industry 3X Leveraged ETN (CARU) 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.
Further Reading
- Five stocks we like better than MAX Auto Industry 3x Leveraged ETN
- Investing in the High PE Growth Stocks
- Why Williams-Sonoma Will Hit Fresh Highs in 2025
- 3 Ways To Invest In Coffee, Other Than Drinking It
- Alphabet Stock Becomes a Low-Risk, High-Reward Play
- Best Aerospace Stocks Investing
- Affirm Stock: Should You Buy the Dip After Walmart Setback?
Receive News & Ratings for MAX Auto Industry 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Auto Industry 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
