Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) traded down 1.2% on Friday . The company traded as low as $42.55 and last traded at $42.55. Approximately 75 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 2,374 shares. The stock had previously closed at $43.07.
MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 1.2%
The stock has a market capitalization of $851,000.00, a P/E ratio of 12.79 and a beta of -3.94. The company’s 50-day moving average is $42.75 and its two-hundred day moving average is $58.25.
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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