MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $14.43, but opened at $14.80. MAX Airlines -3x Inverse Leveraged ETN shares last traded at $14.58, with a volume of 599 shares changing hands.
MAX Airlines -3x Inverse Leveraged ETN Trading Up 1.3 %
The stock’s 50-day moving average is $12.36 and its 200-day moving average is $14.09. The stock has a market cap of $10.84 billion and a P/E ratio of 24.23.
MAX Airlines -3x Inverse Leveraged ETN Company Profile
The MAX Airlines -3X Inverse Leveraged ETNs (JETD) is an exchange-traded fund that is based on the Prime Airlines index. The fund tracks -3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, airfreight and logistics, and aircraft and parts manufacturing.
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