MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Sees Large Volume Increase – What’s Next?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) saw unusually-high trading volume on Monday . Approximately 1,430 shares changed hands during trading, a decline of 0% from the previous session’s volume of 1,431 shares.The stock last traded at $19.72 and had previously closed at $17.87.

MAX Airlines 3x Leveraged ETN Stock Performance

The company has a market cap of $14.05 billion and a PE ratio of 15.19. The stock’s 50-day simple moving average is $16.69 and its 200 day simple moving average is $24.32.

About MAX Airlines 3x Leveraged ETN

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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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