MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Set to Reverse Split on Tuesday, February 24th

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD)’s stock is scheduled to reverse split before the market opens on Tuesday, February 24th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Monday, February 23rd.

MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance

MicroSectors Travel -3x Inverse Leveraged ETN stock opened at $7.38 on Monday. MicroSectors Travel -3x Inverse Leveraged ETN has a twelve month low of $5.38 and a twelve month high of $33.47. The firm has a market cap of $1.48 million, a PE ratio of 12.79 and a beta of -4.38. The firm’s 50 day moving average price is $6.29 and its two-hundred day moving average price is $7.00.

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.