MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $37.99, but opened at $36.95. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $36.95, with a volume of 255 shares trading hands.
MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 8.7 %
The stock’s 50 day moving average is $30.35 and its two-hundred day moving average is $28.41. The stock has a market capitalization of $23.99 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09.
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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