Shares of MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $12.69, but opened at $12.97. MAX Airlines 3x Leveraged ETN shares last traded at $12.86, with a volume of 13,651 shares traded.
MAX Airlines 3x Leveraged ETN Trading Down 5.0 %
The company has a market cap of $8.93 billion and a PE ratio of 11.69. The firm’s 50-day simple moving average is $21.08 and its two-hundred day simple moving average is $25.28.
About MAX Airlines 3x Leveraged ETN
The MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing.
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