Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 1,132 shares were traded during mid-day trading, an increase of 16% from the previous session’s volume of 978 shares.The stock last traded at $13.83 and had previously closed at $13.71.
MicroSectors Travel -3x Inverse Leveraged ETN Price Performance
The stock’s 50-day moving average price is $14.66 and its 200-day moving average price is $20.89. The company has a market cap of $9.49 billion, a P/E ratio of 39.78 and a beta of -4.09.
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.
Further Reading
- Five stocks we like better than MicroSectors Travel -3x Inverse Leveraged ETN
- 10 Best Airline Stocks to Buy
- Watch These 3 Stocks—High Short Interest and Big Upside Potential
- Find and Profitably Trade Stocks at 52-Week Lows
- Cisco Roars Back: Is the Tech Giant Reborn?
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Albemarle’s Earnings Are In—Is the Stock a Buy Now?
Receive News & Ratings for MicroSectors Travel -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Travel -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
