MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) shares saw unusually-high trading volume on Friday . Approximately 1,405 shares traded hands during mid-day trading, an increase of 94% from the previous session’s volume of 723 shares.The stock last traded at $19.46 and had previously closed at $20.11.
MAX Auto Industry 3x Leveraged ETN Stock Performance
The company has a market cap of $14.99 billion, a price-to-earnings ratio of 11.39 and a beta of 4.69. The business has a 50-day simple moving average of $26.77 and a 200-day simple moving average of $26.26.
About MAX Auto Industry 3x Leveraged ETN
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.
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