MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shot up 4.5% during mid-day trading on Friday . The company traded as high as $6.33 and last traded at $6.27. 2,114 shares traded hands during trading, an increase of 43% from the average session volume of 1,477 shares. The stock had previously closed at $6.00.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Up 4.5 %
The business has a fifty day simple moving average of $7.84 and a two-hundred day simple moving average of $10.07.
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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