MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) shares traded up 2% on Tuesday . The company traded as high as $14.05 and last traded at $14.05. 3,160 shares changed hands during mid-day trading, a decline of 5% from the average session volume of 3,325 shares. The stock had previously closed at $13.78.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The stock has a market capitalization of $1.12 million, a P/E ratio of 13.48 and a beta of -4.42. The business has a 50 day simple moving average of $19.26 and a 200-day simple moving average of $16.44.
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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