MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Shares Gap Down – What’s Next?

Shares of MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $28.85, but opened at $26.05. MAX Airlines 3x Leveraged ETN shares last traded at $26.60, with a volume of 614 shares trading hands.

MAX Airlines 3x Leveraged ETN Trading Up 0.3 %

The stock has a 50 day moving average of $29.56 and a 200-day moving average of $25.36. The company has a market capitalization of $19.48 billion and a P/E ratio of 15.55.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

The MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing.

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