Short Interest in MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Declines By 89.5%

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 194 shares, a decline of 89.5% from the April 30th total of 1,853 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 11,018 shares, the short-interest ratio is currently 0.0 days.

MAX Airlines 3x Leveraged ETN Stock Performance

NYSEARCA JETU traded up $0.66 during trading on Thursday, reaching $33.83. 10,519 shares of the company’s stock were exchanged, compared to its average volume of 8,151. The stock has a market cap of $5.41 million, a P/E ratio of 15.19 and a beta of 3.32. The company has a 50 day moving average price of $26.53 and a two-hundred day moving average price of $29.38. MAX Airlines 3x Leveraged ETN has a 1 year low of $17.87 and a 1 year high of $41.88.

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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. The index is selected and weighted by market cap JETU was launched on Jun 23, 2023 and is issued by Max.

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