MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s share price traded down 19% during trading on Wednesday. The stock traded as low as $37.86 and last traded at $38.27. Approximately 2,878 shares traded hands during mid-day trading, an increase of 39% from the average daily volume of 2,074 shares. The stock had previously closed at $47.23.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The company has a market cap of $765,400.00, a P/E ratio of 12.79 and a beta of -3.93. The stock has a 50-day simple moving average of $51.96 and a 200 day simple moving average of $57.44.
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.
Further Reading
- Five stocks we like better than MicroSectors Travel -3x Inverse Leveraged ETN
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
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.
