MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $14.86, but opened at $14.16. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $13.90, with a volume of 496 shares changing hands.
MAX Airlines -3x Inverse Leveraged ETN Price Performance
The stock has a market capitalization of $10.11 billion and a price-to-earnings ratio of 24.23. The stock has a 50 day moving average price of $12.45 and a 200-day moving average price of $13.87.
MAX Airlines -3x Inverse Leveraged ETN Company Profile
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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