MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Down 7.1%

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s share price traded down 7.1% during mid-day trading on Wednesday . The company traded as low as $37.00 and last traded at $37.00. 1,423 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 1,953 shares. The stock had previously closed at $39.82.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The stock’s 50-day moving average price is $41.60 and its 200-day moving average price is $45.45. The company has a market capitalization of $25.82 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09.

About MicroSectors Travel 3x Leveraged ETN

(Get Free Report)

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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