Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $12.82 and last traded at $12.76, with a volume of 3240 shares traded. The stock had previously closed at $13.64.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The business’s fifty day moving average price is $14.68 and its two-hundred day moving average price is $21.43. The stock has a market capitalization of $9.35 billion, a P/E ratio of 39.78 and a beta of -4.09.
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.
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