MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Down to $44.47

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $44.47, but opened at $42.09. MicroSectors Travel 3x Leveraged ETN shares last traded at $41.32, with a volume of 1,384 shares changing hands.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The company has a 50-day simple moving average of $42.99 and a 200-day simple moving average of $45.70. The company has a market cap of $30.13 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09.

About MicroSectors Travel 3x Leveraged ETN

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The MicroSectors Travel 3x Leveraged ETN (FLYU) 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. FLYU was launched on Jun 24, 2022 and is issued by REX Microsectors.

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