MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Sees Strong Trading Volume – What’s Next?

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARUGet Free Report) saw an uptick in trading volume on Wednesday . 323 shares traded hands during mid-day trading, an increase of 9% from the previous session’s volume of 297 shares.The stock last traded at $28.75 and had previously closed at $29.16.

MAX Auto Industry 3x Leveraged ETN Stock Up 3.4 %

The business has a 50 day moving average price of $30.57 and a 200-day moving average price of $26.05.

MAX Auto Industry 3x Leveraged ETN Company Profile

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The MAX Auto Industry 3X Leveraged ETN (CARU) 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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