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

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 2,355 shares, an increase of 69.2% from the July 15th total of 1,392 shares. Based on an average daily trading volume, of 882 shares, the days-to-cover ratio is presently 2.7 days. Approximately 1.5% of the shares of the stock are short sold.

MicroSectors Travel 3x Leveraged ETN Stock Up 2.2%

FLYU stock traded up $1.12 on Tuesday, reaching $51.45. 413 shares of the company’s stock were exchanged, compared to its average volume of 2,059. The stock has a fifty day moving average of $49.22 and a 200-day moving average of $43.99. MicroSectors Travel 3x Leveraged ETN has a twelve month low of $29.80 and a twelve month high of $63.47. The firm has a market cap of $8.23 million, a PE ratio of 12.08 and a beta of 4.39.

MicroSectors Travel 3x Leveraged ETN Company Profile

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.