MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Sees Unusually-High Trading Volume – Here’s What Happened

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARUGet Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 442 shares changed hands during trading, an increase of 40% from the previous session’s volume of 315 shares.The stock last traded at $30.59 and had previously closed at $31.67.

MAX Auto Industry 3x Leveraged ETN Price Performance

The company’s 50-day moving average price is $30.58 and its 200-day moving average price is $25.93.

MAX Auto Industry 3x Leveraged ETN Company Profile

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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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