MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Reaches New 12-Month High – Should You Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $59.60 and last traded at $59.60, with a volume of 952 shares traded. The stock had previously closed at $59.37.

MicroSectors Travel 3x Leveraged ETN Price Performance

The company has a market capitalization of $42.97 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 $43.68 and a two-hundred day moving average price of $41.02.

About MicroSectors Travel 3x Leveraged ETN

(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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