MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s share price was down 4.9% on Wednesday . The stock traded as low as $20.74 and last traded at $20.74. Approximately 345 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 1,804 shares. The stock had previously closed at $21.82.
MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 8.0 %
The firm has a market capitalization of $14.05 billion, a PE ratio of 39.78 and a beta of -4.09. The company has a fifty day moving average price of $29.70 and a two-hundred day moving average price of $28.48.
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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