MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Up – Here’s Why

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $56.60, but opened at $58.60. MicroSectors Travel 3x Leveraged ETN shares last traded at $58.60, with a volume of 1,283 shares traded.

MicroSectors Travel 3x Leveraged ETN Trading Up 3.5 %

The company has a fifty day moving average of $60.43 and a 200-day moving average of $46.45. The company has a market capitalization of $42.73 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09.

MicroSectors Travel 3x Leveraged ETN Company Profile

(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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