MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) was down 4.6% during mid-day trading on Tuesday . The company traded as low as $40.84 and last traded at $40.92. Approximately 676 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 2,194 shares. The stock had previously closed at $42.88.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Down 11.9 %
The business has a 50-day moving average price of $29.04 and a two-hundred day moving average price of $28.10. The firm has a market cap of $27.55 billion, a PE 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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