MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s share price passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $2.74 and traded as low as $2.73. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $2.73, with a volume of 15,489 shares.
MAX Auto Industry -3x Inverse Leveraged ETN Trading Down 8.7%
The company has a 50 day moving average of $2.66 and a 200 day moving average of $2.74. The firm has a market cap of $1.64 million, a price-to-earnings ratio of -189.89 and a beta of -3.42.
About MAX Auto Industry -3x Inverse Leveraged ETN
The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) 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. CARD was launched on Jun 30, 2023 and is issued by Max.
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