MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $27.82, but opened at $29.84. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $29.84, with a volume of 254 shares trading hands.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The company has a market capitalization of $21.77 billion, a PE ratio of 39.78 and a beta of -4.09. The stock’s fifty day simple moving average is $28.07 and its 200-day simple moving average is $30.21.
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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