MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $14.62, but opened at $15.24. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $15.13, with a volume of 428 shares changing hands.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Up 3.3 %
The stock has a market cap of $11.01 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The business’s 50 day simple moving average is $21.22 and its 200 day simple moving average is $27.01.
MicroSectors Travel -3x Inverse Leveraged ETN Company Profile
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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