MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Down – Here’s Why

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $58.33, but opened at $55.41. MicroSectors Travel 3x Leveraged ETN shares last traded at $55.41, with a volume of 526 shares changing hands.

MicroSectors Travel 3x Leveraged ETN Stock Down 5.0 %

The firm has a market cap of $40.41 billion, a PE ratio of 13.08 and a beta of 4.09. The company has a 50-day simple moving average of $60.12 and a two-hundred day simple moving average of $46.16.

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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