MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Gap Up to $29.06

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYDGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $29.06, but opened at $30.46. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $30.49, with a volume of 1,021 shares trading hands.

MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance

The firm’s fifty day simple moving average is $26.56 and its 200 day simple moving average is $32.22. The firm has a market cap of $21.88 billion, a P/E ratio of 39.78 and a beta of -4.09.

MicroSectors Travel -3x Inverse Leveraged ETN Company Profile

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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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