Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) saw strong trading volume on Wednesday . 2,424 shares changed hands during mid-day trading, an increase of 45% from the previous session’s volume of 1,670 shares.The stock last traded at $13.71 and had previously closed at $13.91.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Down 0.3 %
The firm has a market cap of $10.11 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09. The stock has a 50 day moving average of $17.01 and a 200 day moving average of $25.28.
MicroSectors Travel -3x Inverse Leveraged ETN Company Profile
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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