MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) was up 6.7% on Friday . The company traded as high as $8.15 and last traded at $8.15. Approximately 25,130 shares changed hands during mid-day trading, an increase of 226% from the average daily volume of 7,705 shares. The stock had previously closed at $7.64.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Up 6.7%
The firm has a market capitalization of $1.47 million, a price-to-earnings ratio of 12.79 and a beta of -5.31. The stock’s 50 day moving average price is $7.16 and its two-hundred day moving average price is $10.94.
About MicroSectors Travel -3x Inverse Leveraged ETN
The MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) 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. FLYD was launched on Jun 24, 2022 and is issued by REX Microsectors.
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