MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $7.29, but opened at $7.01. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $7.01, with a volume of 2,470 shares.
MAX Auto Industry -3x Inverse Leveraged ETN Price Performance
The stock’s 50-day moving average is $6.42 and its 200-day moving average is $8.22. The stock has a market cap of $5.41 billion, a price-to-earnings ratio of 13.91 and a beta of -4.70.
MAX Auto Industry -3x Inverse Leveraged ETN Company Profile
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.
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