MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 17,814 shares were traded during mid-day trading, an increase of 88% from the previous session’s volume of 9,474 shares.The stock last traded at $13.71 and had previously closed at $14.21.
MAX Airlines -3x Inverse Leveraged ETN Stock Up 1.7 %
The firm’s 50-day moving average is $11.69 and its 200 day moving average is $14.55.
MAX Airlines -3x Inverse Leveraged ETN Company Profile
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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