Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $13.64, but opened at $13.05. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $13.05, with a volume of 5,009 shares traded.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The company has a 50 day moving average price of $14.66 and a 200 day moving average price of $21.07. The company has a market capitalization of $10.00 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09.
About MicroSectors Travel -3x Inverse Leveraged ETN
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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