Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as $13.35 and last traded at $13.35, with a volume of 323 shares trading hands. The stock had previously closed at $13.63.
MicroSectors Travel -3x Inverse Leveraged ETN Price Performance
The firm’s fifty day moving average price is $17.95 and its 200-day moving average price is $25.84. The company has a market cap of $10.03 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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