MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) shares traded up 11.9% during mid-day trading on Friday . The company traded as high as $23.09 and last traded at $23.57. 153 shares traded hands during trading, a decline of 82% from the average session volume of 844 shares. The stock had previously closed at $21.05.
MAX Auto Industry 3x Leveraged ETN Stock Performance
The firm has a 50 day simple moving average of $19.80 and a 200 day simple moving average of $25.68. The firm has a market cap of $17.12 billion, a P/E ratio of 14.39 and a beta of 4.69.
About MAX Auto Industry 3x Leveraged ETN
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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