Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) saw an uptick in trading volume on Thursday . 1,220 shares changed hands during mid-day trading, an increase of 67% from the previous session’s volume of 731 shares.The stock last traded at $13.97 and had previously closed at $13.99.
MicroSectors Travel -3x Inverse Leveraged ETN Price Performance
The stock has a market capitalization of $9.55 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The business’s fifty day moving average price is $14.68 and its 200-day moving average price is $21.43.
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.
Further Reading
- Five stocks we like better than MicroSectors Travel -3x Inverse Leveraged ETN
- What is a Bond Market Holiday? How to Invest and Trade
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- MarketBeat Week in Review – 02/03 – 02/07
Receive News & Ratings for MicroSectors Travel -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Travel -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
