MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s share price was down 1.8% on Thursday . The company traded as low as $5.95 and last traded at $5.96. Approximately 1,057 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 1,470 shares. The stock had previously closed at $6.07.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The company’s 50 day simple moving average is $8.02 and its 200-day simple moving average is $10.20.
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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