MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU – Get Free Report) shares dropped 2.6% on Friday . The company traded as low as $42.18 and last traded at $42.69. Approximately 3,572 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 2,531 shares. The stock had previously closed at $43.85.
MicroSectors Travel 3x Leveraged ETN Stock Down 2.6%
The stock has a market capitalization of $6.83 million, a price-to-earnings ratio of 12.08 and a beta of 4.45. The business has a 50-day simple moving average of $40.31 and a two-hundred day simple moving average of $45.45.
MicroSectors Travel 3x Leveraged ETN Company Profile
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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