MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) Sees Unusually-High Trading Volume – What’s Next?

MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARDGet Free Report) shares saw an uptick in trading volume on Tuesday . 1,028 shares changed hands during trading, a decline of 24% from the previous session’s volume of 1,351 shares.The stock last traded at $5.81 and had previously closed at $5.80.

MAX Auto Industry -3x Inverse Leveraged ETN Price Performance

The stock has a 50-day moving average of $8.36 and a 200 day moving average of $10.44.

MAX Auto Industry -3x Inverse Leveraged ETN Company Profile

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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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