MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report) shares shot up 8.1% during mid-day trading on Friday . The stock traded as high as $11.98 and last traded at $12.44. 6,331 shares traded hands during mid-day 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 Price Performance
The company has a 50 day simple moving average of $11.51 and a 200-day simple moving average of $15.47.
About MAX Airlines -3x Inverse Leveraged ETN
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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