MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Trading 8.3% Higher – Time to Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s stock price rose 8.3% during mid-day trading on Monday . The company traded as high as $43.73 and last traded at $43.73. Approximately 788 shares changed hands during trading, a decline of 71% from the average daily volume of 2,748 shares. The stock had previously closed at $40.39.

MicroSectors Travel 3x Leveraged ETN Trading Up 8.3%

The business has a 50-day moving average price of $37.85 and a 200-day moving average price of $48.64. The stock has a market cap of $7.00 million, a PE ratio of 12.08 and a beta of 4.95.

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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