MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Up – What’s Next?

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $63.10, but opened at $66.84. MicroSectors Travel 3x Leveraged ETN shares last traded at $67.20, with a volume of 772 shares trading hands.

MicroSectors Travel 3x Leveraged ETN Price Performance

The firm has a market capitalization of $49.04 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The business’s 50-day moving average price is $60.58 and its 200 day moving average price is $49.46.

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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