MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD) Trading 8.1% Higher – Still a Buy?

MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETDGet Free Report)’s stock price traded up 8.1% during trading on Friday . The stock traded as high as $11.98 and last traded at $12.44. 6,331 shares changed hands during trading, an increase of 20% from the average session volume of 5,295 shares. The stock had previously closed at $11.51.

MAX Airlines -3x Inverse Leveraged ETN Trading Up 9.6 %

The company has a fifty day moving average of $11.51 and a 200 day moving average of $15.29.

About MAX Airlines -3x Inverse Leveraged ETN

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The MAX Airlines -3X Inverse Leveraged ETNs (JETD) 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, airfreight and logistics, and aircraft and parts manufacturing.

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