MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Trading Down 3.5% – What’s Next?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s stock price traded down 3.5% on Friday . The stock traded as low as $36.56 and last traded at $36.56. 1,970 shares traded hands during trading, a decline of 28% from the average session volume of 2,736 shares. The stock had previously closed at $37.88.

MicroSectors Travel 3x Leveraged ETN Stock Down 3.5%

The stock has a market capitalization of $5.85 million, a price-to-earnings ratio of 12.08 and a beta of 4.48. The firm has a 50-day moving average of $38.61 and a two-hundred day moving average of $46.21.

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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