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MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Gap Down to $27.31

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MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Gap Down to .31


MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYDGet Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $27.31, but opened at $26.51. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $26.51, with a volume of 180 shares trading hands.

MicroSectors Travel -3x Inverse Leveraged ETN Stock Up 0.5 %

The company has a market cap of $19.61 billion, a P/E ratio of 39.78 and a beta of -4.09. The stock’s 50-day moving average price is $28.38 and its 200 day moving average price is $29.18.

MicroSectors Travel -3x Inverse Leveraged ETN Company Profile

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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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