MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s share price shot up 3.1% on Friday . The company traded as high as $14.69 and last traded at $14.69. 1,777 shares changed hands during mid-day trading, an increase of 5% from the average session volume of 1,689 shares. The stock had previously closed at $14.25.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Up 3.3 %
The business has a fifty day moving average of $16.61 and a 200 day moving average of $25.13. The firm has a market cap of $10.73 billion, a P/E 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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