MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $19.15 and last traded at $19.25, with a volume of 937 shares trading hands. The stock had previously closed at $19.31.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Up 0.8 %
The firm’s 50-day moving average is $27.97 and its 200-day moving average is $28.42. The company has a market cap of $13.53 billion, a PE ratio of 39.78 and a beta of -4.09.
MicroSectors Travel -3x Inverse Leveraged ETN Company Profile
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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