Short Interest in MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Rises By 216.2%

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 1,429 shares, a growth of 216.2% from the June 15th total of 452 shares. Based on an average daily volume of 1,464 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.9% of the shares of the company are short sold.

MicroSectors Travel 3x Leveraged ETN Stock Down 2.0%

Shares of MicroSectors Travel 3x Leveraged ETN stock traded down $0.95 during trading on Tuesday, reaching $45.74. The company’s stock had a trading volume of 182 shares, compared to its average volume of 2,298. MicroSectors Travel 3x Leveraged ETN has a 12-month low of $29.80 and a 12-month high of $63.47. The company has a market capitalization of $7.32 million, a P/E ratio of 12.08 and a beta of 4.38. The business has a 50 day moving average price of $45.26 and a 200-day moving average price of $45.20.

MicroSectors Travel 3x Leveraged ETN Company Profile

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.