MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Shares Gap Up – What’s Next?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $18.36, but opened at $19.00. MAX Airlines 3x Leveraged ETN shares last traded at $19.01, with a volume of 1,549 shares changing hands.

MAX Airlines 3x Leveraged ETN Stock Performance

The firm has a 50 day moving average price of $17.14 and a 200-day moving average price of $23.07. The company has a market cap of $13.79 billion and a P/E ratio of 15.19.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

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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