MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Down – Time to Sell?

Shares of MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $61.11, but opened at $58.59. MicroSectors Travel 3x Leveraged ETN shares last traded at $58.69, with a volume of 1,211 shares trading hands.

MicroSectors Travel 3x Leveraged ETN Stock Performance

The stock has a market cap of $45.50 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The company has a 50-day simple moving average of $48.71 and a two-hundred day simple moving average of $41.96.

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.

Further Reading

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