MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report)’s stock price rose 8% during mid-day trading on Monday . The stock traded as high as $19.09 and last traded at $19.03. Approximately 12,795 shares were traded during mid-day trading, an increase of 1,787% from the average daily volume of 678 shares. The stock had previously closed at $17.63.
MAX Auto Industry 3x Leveraged ETN Trading Down 4.2 %
The firm has a market capitalization of $13.83 billion, a P/E ratio of 11.39 and a beta of 4.69. The stock has a 50 day simple moving average of $27.24 and a 200-day simple moving average of $26.35.
MAX Auto Industry 3x Leveraged ETN Company Profile
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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