MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Up – Time to Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $46.52, but opened at $49.75. MicroSectors Travel 3x Leveraged ETN shares last traded at $49.79, with a volume of 829 shares changing hands.

MicroSectors Travel 3x Leveraged ETN Trading Up 7.6 %

The firm has a market cap of $36.50 billion, a P/E ratio of 13.08 and a beta of 4.09. The company’s fifty day moving average price is $35.42 and its two-hundred day moving average price is $41.00.

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.

Recommended Stories

Receive News & Ratings for MicroSectors Travel 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Travel 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.