MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Stock Price Down 2.3% – Here’s Why

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s stock price traded down 2.3% during trading on Friday . The company traded as low as $34.30 and last traded at $34.30. Approximately 560 shares traded hands during trading, a decline of 70% from the average daily volume of 1,894 shares. The stock had previously closed at $35.12.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The firm’s 50-day moving average price is $45.93 and its two-hundred day moving average price is $43.40. The firm has a market capitalization of $34.27 million, a price-to-earnings ratio of 12.08 and a beta of 4.37.

MicroSectors Travel 3x Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Travel 3x Leveraged ETN (FLYU) is an exchange-traded fund that is based on the MerQube MicroSectors U.S. Travel index. The fund tracks 3x the daily price movements of a liquidity-weighted index of US-listed travel-related companies. FLYU was launched on Jun 24, 2022 and is issued by REX Microsectors.

Further Reading

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