MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 1,809 shares changed hands during trading, a decline of 32% from the previous session’s volume of 2,661 shares.The stock last traded at $30.27 and had previously closed at $31.14.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Down 3.7 %
The firm has a market cap of $21.86 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The business has a 50 day moving average price of $26.50 and a 200-day moving average price of $32.43.
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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