MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shares fell 6.2% during trading on Tuesday . The company traded as low as $2.42 and last traded at $2.42. 28,412 shares traded hands during trading, an increase of 30% from the average session volume of 21,872 shares. The stock had previously closed at $2.58.
MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance
The company has a 50 day simple moving average of $2.65 and a two-hundred day simple moving average of $2.81. The firm has a market cap of $1.45 million, a PE ratio of -168.32 and a beta of -3.31.
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. CARD was launched on Jun 30, 2023 and is issued by Max.
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