MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Up 3.8%

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYDGet Free Report) was up 3.8% during trading on Thursday . The stock traded as high as $24.85 and last traded at $24.85. Approximately 179 shares traded hands during trading, a decline of 90% from the average daily volume of 1,830 shares. The stock had previously closed at $23.95.

MicroSectors Travel -3x Inverse Leveraged ETN Price Performance

The company has a market cap of $18.12 billion, a PE ratio of 39.78 and a beta of -4.09. The company has a fifty day moving average price of $30.92 and a 200 day moving average price of $28.61.

MicroSectors Travel -3x Inverse Leveraged ETN Company Profile

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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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