MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) shares fell 5.5% during trading on Thursday . The stock traded as low as $13.18 and last traded at $12.96. 4,458 shares changed hands during trading, an increase of 305% from the average session volume of 1,102 shares. The stock had previously closed at $13.71.
MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 4.5 %
The stock has a 50-day moving average price of $14.63 and a two-hundred day moving average price of $20.70. The stock has a market cap of $9.06 billion, a price-to-earnings ratio of 39.78 and a beta of -4.09.
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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