MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $16.20, but opened at $17.24. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $17.37, with a volume of 829 shares trading hands.
MAX Airlines -3x Inverse Leveraged ETN Stock Up 4.9 %
The company has a market capitalization of $12.40 billion and a PE ratio of 22.57. The stock has a 50-day moving average of $12.78 and a 200 day moving average of $13.72.
About MAX Airlines -3x Inverse Leveraged ETN
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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