MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s share price dropped 5.4% during trading on Monday . The stock traded as low as $17.56 and last traded at $17.57. Approximately 8,213 shares changed hands during trading, an increase of 315% from the average daily volume of 1,981 shares. The stock had previously closed at $18.58.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The company has a market cap of $1.44 million, a P/E ratio of 26.70 and a beta of -4.19. The business has a 50 day moving average price of $15.45 and a two-hundred day moving average price of $17.25.
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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