MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Gap Down to $28.04

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 $28.04, but opened at $26.29. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $26.37, with a volume of 926 shares.

MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 5.2 %

The business’s 50 day simple moving average is $31.81 and its 200 day simple moving average is $28.77. The firm has a market capitalization of $19.38 billion, a PE ratio of 39.78 and a beta of -4.09.

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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