MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $33.39, but opened at $31.60. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $31.60, with a volume of 650 shares.
MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 2.3 %
The firm has a market capitalization of $23.12 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The company has a fifty day moving average price of $30.77 and a two-hundred day moving average price of $28.43.
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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