MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares fell 9.3% during mid-day trading on Wednesday . The stock traded as low as $6.36 and last traded at $6.36. 881 shares were traded during trading, a decline of 84% from the average session volume of 5,505 shares. The stock had previously closed at $7.01.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock has a 50-day simple moving average of $6.86 and a 200-day simple moving average of $9.28.
About MAX Auto Industry -3x Inverse Leveraged ETN
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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