MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Stock Price Up 2.4% – Here’s What Happened

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s stock price was up 2.4% on Friday . The stock traded as high as $56.51 and last traded at $56.51. Approximately 136 shares traded hands during trading, a decline of 94% from the average daily volume of 2,261 shares. The stock had previously closed at $55.21.

MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance

The firm has a 50 day moving average of $45.10 and a 200-day moving average of $56.30. The stock has a market capitalization of $56.45 million, a PE ratio of 12.79 and a beta of -3.92.

MicroSectors Travel -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

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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