MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) Stock Price Up 6.8% – Here’s Why

Shares of MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARDGet Free Report) traded up 6.8% on Friday . The stock traded as high as $6.44 and last traded at $6.44. 2,476 shares were traded during mid-day trading, a decline of 71% from the average session volume of 8,596 shares. The stock had previously closed at $6.03.

MAX Auto Industry -3x Inverse Leveraged ETN Stock Up 10.9 %

The company has a 50 day moving average of $6.30 and a two-hundred day moving average of $8.50.

MAX Auto Industry -3x Inverse Leveraged ETN Company Profile

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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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