MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s stock price traded up 2.6% during mid-day trading on Wednesday . The company traded as high as $2.37 and last traded at $2.34. 17,854 shares changed hands during trading, a decline of 16% from the average daily volume of 21,291 shares. The stock had previously closed at $2.28.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Up 2.6%
The stock’s 50-day moving average is $2.52 and its 200-day moving average is $2.79. The stock has a market cap of $1.40 million, a price-to-earnings ratio of -162.76 and a beta of -3.31.
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. CARD was launched on Jun 30, 2023 and is issued by Max.
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