MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Shares Up 1% – What’s Next?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) was up 1% on Friday . The stock traded as high as $29.27 and last traded at $28.83. Approximately 890 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 2,260 shares. The stock had previously closed at $28.55.

MAX Airlines 3x Leveraged ETN Price Performance

The company has a market cap of $4.61 million, a P/E ratio of 15.19 and a beta of 3.92. The stock has a 50-day moving average of $23.61 and a 200 day moving average of $22.73.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for MAX Airlines 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Airlines 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.