MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) Short Interest Update

MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 6,375 shares, an increase of 69.9% from the November 30th total of 3,752 shares. Based on an average daily trading volume, of 17,400 shares, the short-interest ratio is presently 0.4 days. Approximately 4.0% of the shares of the stock are short sold. Approximately 4.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 17,400 shares, the short-interest ratio is presently 0.4 days.

MAX Auto Industry -3x Inverse Leveraged ETN Trading Up 1.7%

CARD stock traded up $0.04 during trading on Friday, hitting $2.44. The company had a trading volume of 14,262 shares, compared to its average volume of 20,099. The company has a fifty day moving average price of $2.92 and a two-hundred day moving average price of $3.29. MAX Auto Industry -3x Inverse Leveraged ETN has a fifty-two week low of $2.29 and a fifty-two week high of $10.90. The company has a market cap of $390,400.00, a P/E ratio of -169.72 and a beta of -3.79.

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.