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

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) shares are set to reverse split on Tuesday, February 24th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, February 23rd.

MicroSectors Travel -3x Inverse Leveraged ETN Trading Up 2.4%

NYSEARCA FLYD opened at $7.38 on Monday. The firm has a market capitalization of $1.48 million, a P/E ratio of 12.79 and a beta of -4.38. The firm’s fifty day moving average price is $6.29 and its two-hundred day moving average price is $7.00. MicroSectors Travel -3x Inverse Leveraged ETN has a 1 year low of $5.38 and a 1 year high of $33.47.

MicroSectors Travel -3x Inverse Leveraged ETN Company Profile

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.