MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sees Unusually-High Trading Volume – Still a Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares saw strong trading volume on Monday . 3,990 shares changed hands during mid-day trading, an increase of 59% from the previous session’s volume of 2,504 shares.The stock last traded at $68.00 and had previously closed at $65.06.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The stock has a fifty day simple moving average of $50.51 and a two-hundred day simple moving average of $42.36. The stock has a market cap of $49.60 billion, a PE ratio of 13.08 and a beta of 4.09.

MicroSectors Travel 3x Leveraged ETN Company Profile

(Get Free Report)

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.

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