MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD) Shares Gap Down – Here’s Why

MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETDGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $12.62, but opened at $12.12. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $12.28, with a volume of 2,184 shares changing hands.

MAX Airlines -3x Inverse Leveraged ETN Price Performance

The business has a 50-day moving average of $11.51 and a 200 day moving average of $15.21.

MAX Airlines -3x Inverse Leveraged ETN Company Profile

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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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