MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) traded down 1.2% during mid-day trading on Monday. The company traded as low as $17.15 and last traded at $17.15. 13 shares traded hands during trading, a decline of 98% from the average daily volume of 763 shares. The stock had previously closed at $17.36.
MAX Auto Industry 3x Leveraged ETN Price Performance
The firm has a market capitalization of $2.79 million, a PE ratio of 19.04 and a beta of 3.54. The stock has a 50-day moving average price of $20.50 and a 200 day moving average price of $22.37.
MAX Auto Industry 3x Leveraged ETN Company Profile
The MAX Auto Industry 3X Leveraged ETN (CARU) 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. CARU was launched on Jun 30, 2023 and is issued by Max.
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