MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $13.96, but opened at $12.92. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $12.63, with a volume of 7,253 shares changing hands.
MAX Airlines -3x Inverse Leveraged ETN Stock Down 10.8 %
The firm has a 50 day moving average price of $15.91 and a two-hundred day moving average price of $13.63. The company has a market capitalization of $9.08 billion and a price-to-earnings ratio of 14.98.
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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