MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report)’s stock price was down 3.1% during mid-day trading on Monday . The company traded as low as $15.20 and last traded at $15.20. Approximately 4,162 shares changed hands during trading, a decline of 61% from the average daily volume of 10,797 shares. The stock had previously closed at $15.69.
MAX Airlines -3x Inverse Leveraged ETN Stock Performance
The company has a market capitalization of $10.85 billion and a PE ratio of 24.23. The company’s fifty day moving average is $12.06 and its 200-day moving average is $14.21.
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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