MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Short Interest Down 59.9% in December

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the recipient of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 378 shares, a decrease of 59.9% from the November 30th total of 942 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 510 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 510 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the shares of the stock are short sold.

MicroSectors Travel 3x Leveraged ETN Stock Performance

MicroSectors Travel 3x Leveraged ETN stock traded down $0.89 during midday trading on Friday, reaching $57.60. The company’s stock had a trading volume of 19 shares, compared to its average volume of 1,842. The firm has a market capitalization of $9.22 million, a PE ratio of 12.08 and a beta of 4.85. MicroSectors Travel 3x Leveraged ETN has a fifty-two week low of $21.62 and a fifty-two week high of $69.90. The stock’s 50 day simple moving average is $50.63 and its 200 day simple moving average is $53.38.

About MicroSectors Travel 3x Leveraged ETN

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.