MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Trading Up 1.7% – Here’s Why

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) were up 1.7% during mid-day trading on Monday . The stock traded as high as $38.47 and last traded at $38.46. Approximately 20,995 shares traded hands during mid-day trading, an increase of 956% from the average daily volume of 1,989 shares. The stock had previously closed at $37.83.

MicroSectors Travel 3x Leveraged ETN Trading Up 1.7%

The firm has a market capitalization of $6.15 million, a PE ratio of 12.08 and a beta of 4.85. The firm has a 50 day simple moving average of $49.42 and a 200 day simple moving average of $52.06.

MicroSectors Travel 3x Leveraged ETN Company Profile

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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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