MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Trading Down 3.5% – What’s Next?

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) fell 3.5% during mid-day trading on Friday . The stock traded as low as $36.56 and last traded at $36.56. 1,970 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 2,736 shares. The stock had previously closed at $37.88.

MicroSectors Travel 3x Leveraged ETN Stock Down 3.5%

The company’s fifty day moving average is $38.61 and its 200-day moving average is $46.21. The company has a market cap of $5.85 million, a PE ratio of 12.08 and a beta of 4.48.

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.

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