MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Down 2.6% – Here’s Why

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares fell 2.6% on Friday . The stock traded as low as $58.86 and last traded at $58.86. 260 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 2,281 shares. The stock had previously closed at $60.41.

MicroSectors Travel 3x Leveraged ETN Stock Down 2.6%

The stock has a market capitalization of $9.42 million, a P/E ratio of 12.08 and a beta of 5.35. The firm’s 50 day simple moving average is $57.60 and its two-hundred day simple moving average is $46.25.

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

Receive News & Ratings for MicroSectors Travel 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Travel 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.