MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $21.64, but opened at $20.74. MAX Airlines 3x Leveraged ETN shares last traded at $19.66, with a volume of 4 shares changing hands.
MAX Airlines 3x Leveraged ETN Stock Performance
The company has a market capitalization of $13.91 billion and a price-to-earnings ratio of 11.49. The firm has a fifty day moving average price of $26.34 and a 200-day moving average price of $26.01.
About MAX Airlines 3x Leveraged ETN
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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