Short Interest in MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Decreases By 98.9%

Posted by on May 29th, 2026

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 11 shares, a drop of 98.9% from the April 30th total of 983 shares. Based on an average daily volume of 513 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

MAX Auto Industry 3x Leveraged ETN Trading Up 0.3%

NYSEARCA CARU traded up $0.07 during mid-day trading on Friday, hitting $26.06. The company’s stock had a trading volume of 305 shares, compared to its average volume of 674. The company’s 50 day simple moving average is $22.66 and its 200 day simple moving average is $27.50. MAX Auto Industry 3x Leveraged ETN has a twelve month low of $18.49 and a twelve month high of $37.63. The firm has a market capitalization of $4.17 million, a price-to-earnings ratio of 19.04 and a beta of 3.54.

About MAX Auto Industry 3x Leveraged ETN

(Get Free Report)

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. CARU was launched on Jun 30, 2023 and is issued by Max.

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