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

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 1,996 shares were traded during trading, a decline of 17% from the previous session’s volume of 2,415 shares.The stock last traded at $58.79 and had previously closed at $59.55.

MicroSectors Travel 3x Leveraged ETN Trading Up 0.5 %

The stock has a market capitalization of $43.63 billion, a PE ratio of 13.08 and a beta of 4.09. The company’s 50 day simple moving average is $59.44 and its 200 day simple moving average is $45.67.

MicroSectors Travel 3x Leveraged ETN Company Profile

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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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