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

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARUGet Free Report) shares saw an uptick in trading volume on Monday . 751 shares were traded during mid-day trading, a decline of 2% from the previous session’s volume of 769 shares.The stock last traded at $17.64 and had previously closed at $17.19.

MAX Auto Industry 3x Leveraged ETN Price Performance

The firm has a market cap of $12.46 billion, a P/E ratio of 9.90 and a beta of 4.69. The firm’s 50-day moving average price is $23.14 and its 200 day moving average price is $25.94.

MAX Auto Industry 3x Leveraged ETN Company Profile

(Get Free Report)

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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