MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 8,739 shares were traded during mid-day trading, an increase of 104% from the previous session’s volume of 4,277 shares.The stock last traded at $15.47 and had previously closed at $15.69.
MAX Airlines -3x Inverse Leveraged ETN Trading Down 6.1 %
The stock has a market capitalization of $10.52 billion and a price-to-earnings ratio of 24.23. The stock’s 50 day moving average is $12.24 and its two-hundred day moving average is $14.12.
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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