MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Sees Strong Trading Volume – Here’s Why

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARUGet Free Report) shares saw an uptick in trading volume on Tuesday . 517 shares changed hands during trading, an increase of 20% from the previous session’s volume of 432 shares.The stock last traded at $25.16 and had previously closed at $26.99.

MAX Auto Industry 3x Leveraged ETN Price Performance

The stock has a fifty day moving average of $30.24 and a two-hundred day moving average of $26.60.

About MAX Auto Industry 3x Leveraged ETN

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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.

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