MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) shares saw unusually-strong trading volume on Monday . Approximately 8,616 shares traded hands during trading, an increase of 319% from the previous session’s volume of 2,058 shares.The stock last traded at $14.21 and had previously closed at $14.02.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Down 2.3 %
The stock has a market capitalization of $10.10 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The business’s 50-day moving average is $14.44 and its two-hundred day moving average is $19.27.
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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