MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Stock Price Down 2.5% – What’s Next?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares were down 2.5% on Friday . The company traded as low as $54.90 and last traded at $54.90. Approximately 239 shares changed hands during trading, a decline of 90% from the average daily volume of 2,391 shares. The stock had previously closed at $56.30.

MicroSectors Travel 3x Leveraged ETN Price Performance

The stock has a market capitalization of $41.90 billion, a P/E ratio of 13.08 and a beta of 4.09. The company’s 50-day simple moving average is $60.70 and its 200-day simple moving average is $46.62.

MicroSectors Travel 3x Leveraged ETN Company Profile

(Get Free Report)

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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