MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Short Interest Down 68.4% in June

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 452 shares, a decline of 68.4% from the May 31st total of 1,430 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 1,747 shares, the short-interest ratio is presently 0.3 days.

MicroSectors Travel 3x Leveraged ETN Stock Performance

FLYU stock traded up $0.06 during trading on Monday, reaching $54.22. 3,697 shares of the company traded hands, compared to its average volume of 2,428. MicroSectors Travel 3x Leveraged ETN has a 12 month low of $29.80 and a 12 month high of $63.47. The business has a 50 day simple moving average of $43.73 and a 200 day simple moving average of $45.59. The company has a market capitalization of $8.68 million, a price-to-earnings ratio of 12.08 and a beta of 4.45.

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.