MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $16.15 and last traded at $16.15, with a volume of 290 shares traded. The stock had previously closed at $17.85.
MicroSectors Travel -3x Inverse Leveraged ETN Price Performance
The company has a market cap of $11.64 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The firm has a 50-day moving average price of $23.11 and a 200 day moving average price of $27.53.
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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