Shares of MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) fell 4.7% during mid-day trading on Wednesday . The stock traded as low as $21.14 and last traded at $21.52. 47 shares were traded during trading, a decline of 87% from the average session volume of 364 shares. The stock had previously closed at $22.59.
MAX Auto Industry 3x Leveraged ETN Stock Down 4.8 %
The stock has a market capitalization of $15.68 billion, a P/E ratio of 11.29 and a beta of 4.69. The company has a 50 day moving average of $29.29 and a 200-day moving average of $26.69.
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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