MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sees Large Volume Increase – Here’s Why

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) saw unusually-high trading volume on Tuesday . Approximately 1,112 shares traded hands during mid-day trading, a decline of 1% from the previous session’s volume of 1,120 shares.The stock last traded at $60.15 and had previously closed at $61.19.

MicroSectors Travel 3x Leveraged ETN Trading Down 1.1 %

The firm’s fifty day moving average is $60.64 and its 200 day moving average is $49.37. The company has a market cap of $44.62 billion, a PE ratio of 13.08 and a beta of 4.09.

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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