MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report)’s stock price was down 10.2% during trading on Tuesday . The stock traded as low as $18.98 and last traded at $18.79. Approximately 7,942 shares changed hands during mid-day trading, an increase of 1,669% from the average daily volume of 449 shares. The stock had previously closed at $20.94.
MAX Auto Industry 3x Leveraged ETN Trading Down 4.3 %
The firm has a 50-day moving average of $28.42 and a 200 day moving average of $26.61. The stock has a market capitalization of $13.41 billion, a price-to-earnings ratio of 11.29 and a beta of 4.69.
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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