MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 2,424 shares were traded during trading, an increase of 45% from the previous session’s volume of 1,670 shares.The stock last traded at $13.71 and had previously closed at $13.91.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The company has a market cap of $10.11 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The firm’s 50-day moving average price is $17.01 and its 200 day moving average price is $25.28.
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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