MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Shorted: Short Interest Up 112.4% in October

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the recipient of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 3,252 shares, a growth of 112.4% from the September 30th total of 1,531 shares. Approximately 2.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,301 shares, the days-to-cover ratio is presently 2.5 days.

MicroSectors Travel 3x Leveraged ETN Stock Performance

Shares of MicroSectors Travel 3x Leveraged ETN stock traded down $1.01 on Friday, hitting $35.58. The company had a trading volume of 544 shares, compared to its average volume of 1,827. The stock has a market capitalization of $5.69 million, a price-to-earnings ratio of 12.08 and a beta of 4.40. The stock has a 50 day moving average of $37.47 and a 200-day moving average of $42.90. MicroSectors Travel 3x Leveraged ETN has a 1 year low of $29.80 and a 1 year high of $61.99.

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.