MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Shares Gap Up – What’s Next?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $22.83, but opened at $23.64. MAX Airlines 3x Leveraged ETN shares last traded at $23.19, with a volume of 2,787 shares changing hands.

MAX Airlines 3x Leveraged ETN Stock Up 1.5 %

The firm has a market cap of $16.90 billion and a PE ratio of 15.55. The business has a 50 day simple moving average of $29.18 and a two-hundred day simple moving average of $25.68.

MAX Airlines 3x Leveraged ETN Company Profile

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The MAX Airlines 3X Leveraged ETNs (JETU) 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, air freight and logistics, and aircraft and parts manufacturing.

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