MAX Airlines -3x Inverse Leveraged ETN (NYSEARCA:JETD – Get Free Report)’s share price dropped 5.2% on Wednesday . The stock traded as low as $13.68 and last traded at $13.47. Approximately 721 shares traded hands during trading, a decline of 92% from the average daily volume of 9,051 shares. The stock had previously closed at $14.21.
MAX Airlines -3x Inverse Leveraged ETN Trading Up 6.7 %
The firm’s 50-day moving average price is $11.64 and its two-hundred day moving average price is $14.61.
MAX Airlines -3x Inverse Leveraged ETN Company Profile
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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