MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Down 7.1% – What’s Next?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s share price was down 7.1% during trading on Monday . The company traded as low as $61.19 and last traded at $58.85. Approximately 175 shares were traded during 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 Stock Up 2.9 %

The firm has a 50-day moving average price of $60.80 and a two-hundred day moving average price of $49.30. The firm has a market cap of $45.13 billion, a PE ratio of 13.08 and a beta of 4.09.

About MicroSectors Travel 3x Leveraged ETN

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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.

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