MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU – Get Free Report) dropped 7.1% on Monday . The stock traded as low as $61.19 and last traded at $58.85. 175 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 1,124 shares. The stock had previously closed at $63.37.
MicroSectors Travel 3x Leveraged ETN Price Performance
The stock has a market capitalization of $44.24 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The stock has a 50 day moving average price of $61.05 and a 200-day moving average price of $49.01.
MicroSectors Travel 3x Leveraged ETN Company Profile
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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