Shares of MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $31.50, but opened at $29.92. MAX Auto Industry 3x Leveraged ETN shares last traded at $29.90, with a volume of 79 shares traded.
MAX Auto Industry 3x Leveraged ETN Trading Down 5.1 %
The company’s 50-day moving average price is $29.99 and its 200-day moving average price is $25.69.
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.
See Also
- Five stocks we like better than MAX Auto Industry 3x Leveraged ETN
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- 5 Top Rated Dividend Stocks to Consider
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- With Risk Tolerance, One Size Does Not Fit All
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Receive News & Ratings for MAX Auto Industry 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Auto Industry 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.