MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Short Interest Update

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,028 shares, a growth of 79.0% from the June 15th total of 1,133 shares. Based on an average trading volume of 2,517 shares, the short-interest ratio is currently 0.8 days. Approximately 10.1% of the company’s shares are sold short.

MicroSectors Travel -3x Inverse Leveraged ETN Stock Up 5.1%

Shares of FLYD opened at $47.19 on Friday. MicroSectors Travel -3x Inverse Leveraged ETN has a fifty-two week low of $40.17 and a fifty-two week high of $93.01. The firm has a market cap of $943,800.00, a PE ratio of 12.79 and a beta of -3.94. The company’s fifty day moving average is $51.31 and its two-hundred day moving average is $62.55.

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.