MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU – Get Free Report)’s stock price dropped 9.1% on Friday . The company traded as low as $66.47 and last traded at $60.76. Approximately 297 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 1,288 shares. The stock had previously closed at $66.85.
MicroSectors Travel 3x Leveraged ETN Stock Down 10.7 %
The business has a 50-day simple moving average of $60.55 and a two-hundred day simple moving average of $52.04. The company has a market cap of $43.54 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09.
About MicroSectors Travel 3x Leveraged ETN
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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