Shares of MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $18.36, but opened at $19.00. MAX Airlines 3x Leveraged ETN shares last traded at $19.01, with a volume of 1,549 shares trading hands.
MAX Airlines 3x Leveraged ETN Trading Down 2.7%
The stock has a market cap of $13.79 billion and a P/E ratio of 15.19. The business’s fifty day simple moving average is $17.14 and its 200 day simple moving average is $23.07.
About MAX Airlines 3x Leveraged ETN
The MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing.
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