MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $8.92, but opened at $8.73. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $8.68, with a volume of 8,376 shares changing hands.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Down 3.3 %
The stock has a market cap of $6.29 billion, a price-to-earnings ratio of 17.31 and a beta of -4.70. The company has a 50 day simple moving average of $6.94 and a 200-day simple moving average of $8.10.
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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