Shares of MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report) traded down 5.6% during mid-day trading on Friday . The stock traded as low as $37.04 and last traded at $37.06. Approximately 1,454 shares were traded during trading, a decline of 41% from the average daily volume of 2,480 shares. The stock had previously closed at $39.25.
MicroSectors Travel -3x Inverse Leveraged ETN Price Performance
The firm has a market cap of $741,200.00, a price-to-earnings ratio of 12.79 and a beta of -3.94. The company has a fifty day moving average price of $46.10 and a two-hundred day moving average price of $60.96.
About MicroSectors Travel -3x Inverse Leveraged ETN
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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