Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) traded down 5.4% during trading on Monday . The company traded as low as $17.56 and last traded at $17.57. 8,213 shares changed hands during trading, an increase of 315% from the average session volume of 1,981 shares. The stock had previously closed at $18.58.
MicroSectors Travel -3x Inverse Leveraged ETN Price Performance
The stock has a 50-day simple moving average of $15.40 and a 200 day simple moving average of $17.36. The company has a market capitalization of $1.41 million, a PE ratio of 26.70 and a beta of -4.19.
MicroSectors Travel -3x Inverse Leveraged ETN Company Profile
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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