MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $22.41, but opened at $18.90. MAX Auto Industry 3x Leveraged ETN shares last traded at $20.03, with a volume of 976 shares.
MAX Auto Industry 3x Leveraged ETN Stock Down 13.7 %
The stock’s fifty day simple moving average is $25.06 and its 200-day simple moving average is $26.22. The company has a market capitalization of $11.96 billion, a PE ratio of 9.90 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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