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

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $69.72, but opened at $66.24. MicroSectors Travel 3x Leveraged ETN shares last traded at $66.87, with a volume of 788 shares traded.

MicroSectors Travel 3x Leveraged ETN Trading Down 10.7 %

The firm has a market cap of $43.54 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The firm has a 50 day moving average price of $60.55 and a 200-day moving average price of $51.87.

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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