MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) saw strong trading volume on Monday . 23,107 shares changed hands during trading, an increase of 17% from the previous session’s volume of 19,755 shares.The stock last traded at $8.24 and had previously closed at $7.72.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The firm has a market capitalization of $5.61 billion, a PE ratio of 17.31 and a beta of -4.70. The firm has a 50-day simple moving average of $7.09 and a 200-day simple moving average of $7.95.
About MAX Auto Industry -3x Inverse Leveraged ETN
The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) 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.
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