MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sets New 12-Month High – Here’s What Happened

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as $64.48 and last traded at $64.47, with a volume of 394 shares changing hands. The stock had previously closed at $60.65.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The company’s fifty day simple moving average is $46.32 and its two-hundred day simple moving average is $41.48. The stock has a market capitalization of $45.69 billion, a P/E ratio of 13.08 and a beta of 4.09.

About MicroSectors Travel 3x Leveraged ETN

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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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