MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares dropped 4.9% on Monday . The stock traded as low as $3.31 and last traded at $3.32. Approximately 24,041 shares changed hands during mid-day trading, an increase of 29% from the average daily volume of 18,660 shares. The stock had previously closed at $3.49.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock’s 50-day moving average is $3.18 and its 200 day moving average is $4.38. The company has a market cap of $531,200.00, a PE ratio of -230.92 and a beta of -4.70.
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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