Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $8.92, but opened at $8.73. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $8.68, with a volume of 8,376 shares trading hands.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The business’s 50-day moving average is $7.01 and its 200 day moving average is $8.11. The firm has a market capitalization of $6.26 billion, a P/E ratio of 17.31 and a beta of -4.70.
MAX Auto Industry -3x Inverse Leveraged ETN Company Profile
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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