MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) Shares Up 2.8% – What’s Next?

MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARDGet Free Report) shares traded up 2.8% on Friday . The company traded as high as $8.83 and last traded at $8.83. 1,032 shares changed hands during trading, a decline of 93% from the average session volume of 15,653 shares. The stock had previously closed at $8.59.

MAX Auto Industry -3x Inverse Leveraged ETN Trading Down 5.1 %

The business’s 50 day moving average price is $7.03 and its two-hundred day moving average price is $8.08. The stock has a market cap of $5.94 billion, a P/E ratio of 17.31 and a beta of -4.70.

About MAX Auto Industry -3x Inverse Leveraged ETN

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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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