MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Trading Up 4.6% – What’s Next?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) was up 4.6% during trading on Monday . The company traded as high as $49.57 and last traded at $49.57. 114 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 2,150 shares. The stock had previously closed at $47.37.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The company has a market cap of $7.93 million, a price-to-earnings ratio of 12.08 and a beta of 4.38. The business’s 50 day moving average price is $47.40 and its 200-day moving average price is $43.96.

MicroSectors Travel 3x Leveraged ETN Company Profile

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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.

Further Reading

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