MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sees Unusually-High Trading Volume – Time to Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 1,996 shares were traded during mid-day trading, a decline of 17% from the previous session’s volume of 2,415 shares.The stock last traded at $58.79 and had previously closed at $59.55.

MicroSectors Travel 3x Leveraged ETN Price Performance

The firm has a market capitalization of $44.21 billion, a P/E ratio of 13.08 and a beta of 4.09. The company has a fifty day moving average of $59.66 and a 200 day moving average of $45.80.

About MicroSectors Travel 3x Leveraged ETN

(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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