MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $14.12 and last traded at $14.12, with a volume of 203 shares traded. The stock had previously closed at $14.46.
MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance
The business’s 50-day moving average is $19.63 and its 200-day moving average is $26.58. The company has a market capitalization of $10.29 billion, a PE ratio of 39.78 and a beta of -4.09.
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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