MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) saw an uptick in trading volume on Thursday . 5,616 shares traded hands during trading, an increase of 830% from the previous session’s volume of 604 shares.The stock last traded at $17.77 and had previously closed at $19.34.
MAX Auto Industry 3x Leveraged ETN Stock Up 8.3 %
The firm has a market capitalization of $13.92 billion, a PE ratio of 11.29 and a beta of 4.69. The company’s 50-day simple moving average is $27.83 and its 200 day simple moving average is $26.45.
About MAX Auto Industry 3x Leveraged ETN
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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