MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sees Large Volume Increase – Time to Buy?

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) saw unusually-high trading volume on Friday . Approximately 771 shares traded hands during trading, a decline of 41% from the previous session’s volume of 1,317 shares.The stock last traded at $60.75 and had previously closed at $58.54.

MicroSectors Travel 3x Leveraged ETN Price Performance

The company has a market capitalization of $43.81 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The business’s 50-day moving average price is $61.38 and its two-hundred day moving average price is $47.69.

MicroSectors Travel 3x Leveraged ETN Company Profile

(Get Free Report)

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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