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

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares saw an uptick in trading volume on Tuesday . 1,465 shares were traded during trading, an increase of 12% from the previous session’s volume of 1,306 shares.The stock last traded at $69.20 and had previously closed at $65.45.

MicroSectors Travel 3x Leveraged ETN Trading Down 4.1 %

The company has a market capitalization of $48.75 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The firm’s 50 day moving average price is $60.50 and its two-hundred day moving average price is $51.53.

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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