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

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 826 shares, a decrease of 64.9% from the July 30th total of 2,355 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 750 shares, the days-to-cover ratio is presently 1.1 days.

MicroSectors Travel 3x Leveraged ETN Trading Up 1.0%

FLYU traded up $0.48 on Friday, reaching $47.00. The company had a trading volume of 59 shares, compared to its average volume of 1,965. The company has a market capitalization of $7.52 million, a P/E ratio of 12.08 and a beta of 4.39. The company has a fifty day moving average of $49.67 and a 200-day moving average of $44.05. MicroSectors Travel 3x Leveraged ETN has a one year low of $29.80 and a one year high of $62.03.

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.