MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Down to $47.46

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $47.46, but opened at $45.43. MicroSectors Travel 3x Leveraged ETN shares last traded at $45.10, with a volume of 821 shares changing hands.

MicroSectors Travel 3x Leveraged ETN Trading Down 7.1 %

The company has a market cap of $32.15 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The firm’s fifty day simple moving average is $50.24 and its 200 day simple moving average is $42.52.

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.

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