MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Gap Up to $28.76

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYDGet Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $28.76, but opened at $30.15. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $30.15, with a volume of 565 shares traded.

MicroSectors Travel -3x Inverse Leveraged ETN Trading Up 8.3 %

The firm’s 50 day moving average is $28.37 and its two-hundred day moving average is $28.23. The stock has a market cap of $22.72 billion, a price-to-earnings 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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