MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Stock Price Down 2.1% – Here’s Why

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s share price was down 2.1% during mid-day trading on Friday . The stock traded as low as $40.44 and last traded at $40.89. Approximately 1,922 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 2,812 shares. The stock had previously closed at $41.75.

MicroSectors Travel 3x Leveraged ETN Price Performance

The firm’s fifty day moving average price is $34.83 and its 200-day moving average price is $50.91. The firm has a market capitalization of $6.54 million, a P/E ratio of 9.74 and a beta of 4.90.

About MicroSectors Travel 3x Leveraged ETN

(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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