MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Stock Price Down 3.4% – Time to Sell?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares were down 3.4% during trading on Monday . The company traded as low as $49.31 and last traded at $49.31. Approximately 712 shares were traded during trading, a decline of 29% from the average daily volume of 1,004 shares. The stock had previously closed at $51.05.

MicroSectors Travel 3x Leveraged ETN Trading Down 3.4%

The stock has a 50 day moving average price of $54.13 and a two-hundred day moving average price of $53.65. The company has a market cap of $7.89 million, a price-to-earnings ratio of 12.08 and a beta of 4.85.

About MicroSectors Travel 3x Leveraged ETN

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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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