MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Stock Price Up 1.4% – Time to Buy?

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shot up 1.4% during mid-day trading on Monday . The company traded as high as $59.55 and last traded at $59.55. 2,791 shares traded hands during mid-day trading, an increase of 15% from the average session volume of 2,419 shares. The stock had previously closed at $58.71.

MicroSectors Travel 3x Leveraged ETN Stock Up 1.8 %

The business has a 50 day simple moving average of $59.66 and a 200-day simple moving average of $45.80. The company has a market capitalization of $44.21 billion, a P/E ratio of 13.08 and a beta of 4.09.

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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