MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Short Interest Update

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 748 shares, a decrease of 95.0% from the March 31st total of 15,049 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 3,975 shares, the days-to-cover ratio is presently 0.2 days.

MicroSectors Travel 3x Leveraged ETN Stock Performance

Shares of MicroSectors Travel 3x Leveraged ETN stock traded up $1.03 during trading on Friday, hitting $42.05. 1,799 shares of the company’s stock were exchanged, compared to its average volume of 2,904. The stock has a market capitalization of $6.73 million, a price-to-earnings ratio of 12.08 and a beta of 4.77. The business has a 50-day simple moving average of $39.42 and a 200-day simple moving average of $47.29. MicroSectors Travel 3x Leveraged ETN has a 52-week low of $29.18 and a 52-week high of $63.47.

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.