MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Short Interest Update

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,028 shares, an increase of 79.0% from the June 15th total of 1,133 shares. Based on an average daily volume of 2,517 shares, the days-to-cover ratio is currently 0.8 days. Currently, 10.1% of the shares of the company are short sold.

MicroSectors Travel -3x Inverse Leveraged ETN Price Performance

Shares of NYSEARCA:FLYD opened at $44.90 on Friday. MicroSectors Travel -3x Inverse Leveraged ETN has a 1-year low of $40.17 and a 1-year high of $93.01. The stock has a market cap of $898,000.00, a P/E ratio of 12.79 and a beta of -3.94. The firm has a fifty day moving average price of $51.53 and a 200 day moving average price of $62.66.

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.