MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Sees Strong Trading Volume – Should You Buy?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) shares saw an uptick in trading volume on Tuesday . 318 shares changed hands during trading, a decline of 31% from the previous session’s volume of 462 shares.The stock last traded at $29.35 and had previously closed at $30.03.

MAX Airlines 3x Leveraged ETN Stock Performance

The business has a 50 day moving average of $29.62 and a two-hundred day moving average of $24.44.

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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