MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) shares saw an uptick in trading volume on Thursday . 2,021 shares changed hands during mid-day trading, an increase of 185% from the previous session’s volume of 709 shares.The stock last traded at $22.05 and had previously closed at $24.27.
MAX Auto Industry 3x Leveraged ETN Price Performance
The firm has a market capitalization of $17.00 billion, a P/E ratio of 11.39 and a beta of 4.69. The company has a fifty day moving average of $26.63 and a 200 day moving average of $26.31.
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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