MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report)’s stock price shot up 2.9% during mid-day trading on Thursday . The stock traded as high as $24.65 and last traded at $24.65. Approximately 852 shares changed hands during trading, an increase of 30% from the average daily volume of 654 shares. The stock had previously closed at $23.95.
MAX Auto Industry 3x Leveraged ETN Stock Up 2.9%
The firm has a market capitalization of $3.94 million, a PE ratio of 19.04 and a beta of 3.45. The company has a 50-day moving average of $23.18 and a 200 day moving average of $25.57.
MAX Auto Industry 3x Leveraged ETN Company Profile
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. CARU was launched on Jun 30, 2023 and is issued by Max.
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