MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sees Large Volume Increase – Still a Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) saw strong trading volume on Thursday . 1,231 shares traded hands during trading, a decline of 4% from the previous session’s volume of 1,288 shares.The stock last traded at $57.85 and had previously closed at $58.81.

MicroSectors Travel 3x Leveraged ETN Trading Down 0.9 %

The stock has a 50 day moving average of $61.33 and a 200-day moving average of $48.07. The company has a market capitalization of $42.51 billion, a P/E ratio of 13.08 and a beta of 4.09.

MicroSectors Travel 3x Leveraged ETN Company Profile

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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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