MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s stock price was down 4.2% on Friday . The company traded as low as $9.07 and last traded at $9.30. Approximately 12,885 shares were traded during mid-day trading, a decline of 15% from the average daily volume of 15,245 shares. The stock had previously closed at $9.71.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock has a 50 day moving average price of $6.85 and a two-hundred day moving average price of $8.13. The company has a market capitalization of $6.48 billion, a price-to-earnings ratio of 13.91 and a beta of -4.70.
About MAX Auto Industry -3x Inverse Leveraged ETN
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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