Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) traded down 5.6% during mid-day trading on Friday . The company traded as low as $37.04 and last traded at $37.06. Approximately 1,454 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 2,480 shares. The stock had previously closed at $39.25.
MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 5.6%
The stock has a 50-day simple moving average of $46.10 and a 200 day simple moving average of $60.96. The company has a market cap of $741,200.00, a price-to-earnings ratio of 12.79 and a beta of -3.94.
About MicroSectors Travel -3x Inverse Leveraged ETN
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.
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