MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) fell 3.1% during mid-day trading on Monday . The stock traded as low as $15.20 and last traded at $15.20. 4,162 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 10,797 shares. The stock had previously closed at $15.69.
MAX Airlines -3x Inverse Leveraged ETN Trading Up 2.0 %
The firm has a 50-day moving average of $12.18 and a 200-day moving average of $14.12. The stock has a market capitalization of $11.21 billion and a price-to-earnings ratio of 24.23.
About MAX Airlines -3x Inverse Leveraged ETN
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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