Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report) shot up 6.8% on Tuesday . The stock traded as high as $6.41 and last traded at $6.41. 1,483 shares were traded during trading, a decline of 65% from the average session volume of 4,217 shares. The stock had previously closed at $6.00.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The company’s 50-day moving average price is $6.56 and its two-hundred day moving average price is $8.96.
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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