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

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 452 shares, a drop of 68.4% from the May 31st total of 1,430 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 1,747 shares, the short-interest ratio is presently 0.3 days.

MicroSectors Travel 3x Leveraged ETN Stock Performance

MicroSectors Travel 3x Leveraged ETN stock traded up $2.63 during midday trading on Friday, reaching $54.16. 1,245 shares of the company were exchanged, compared to its average volume of 2,418. The firm’s 50-day simple moving average is $43.73 and its 200-day simple moving average is $45.63. MicroSectors Travel 3x Leveraged ETN has a 1 year low of $29.80 and a 1 year high of $63.47. The company has a market capitalization of $8.67 million, a price-to-earnings ratio of 12.08 and a beta of 4.45.

About MicroSectors Travel 3x Leveraged ETN

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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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