MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sets New 12-Month High – Time to Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as $68.73 and last traded at $68.51, with a volume of 919 shares trading hands. The stock had previously closed at $67.21.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The company has a market capitalization of $49.96 billion, a PE ratio of 13.08 and a beta of 4.09. The firm has a fifty day simple moving average of $53.38 and a 200-day simple moving average of $43.18.

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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