MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Stock Price Down 7.1% – Here’s What Happened

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) fell 7.1% on Monday . The company traded as low as $61.19 and last traded at $58.85. 175 shares traded hands during trading, a decline of 84% from the average session volume of 1,124 shares. The stock had previously closed at $63.37.

MicroSectors Travel 3x Leveraged ETN Price Performance

The company’s fifty day moving average price is $61.05 and its 200-day moving average price is $49.01. The stock has a market cap of $44.24 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09.

MicroSectors Travel 3x Leveraged ETN Company Profile

(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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