MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $14.17, but opened at $13.40. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $13.33, with a volume of 210 shares trading hands.
MicroSectors Travel -3x Inverse Leveraged ETN Price Performance
The firm has a market capitalization of $9.80 billion, a PE ratio of 39.78 and a beta of -4.09. The company’s fifty day simple moving average is $14.44 and its 200-day simple moving average is $19.27.
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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