MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sees Large Volume Increase – Still a Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) saw an uptick in trading volume on Tuesday . 1,112 shares changed hands during trading, a decline of 1% from the previous session’s volume of 1,120 shares.The stock last traded at $60.15 and had previously closed at $61.19.

MicroSectors Travel 3x Leveraged ETN Stock Up 0.3 %

The stock has a market capitalization of $44.76 billion, a PE ratio of 13.08 and a beta of 4.09. The stock’s 50-day moving average is $61.05 and its 200 day moving average is $49.01.

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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