MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Gap Down – Here’s What Happened

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYDGet Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $14.11, but opened at $13.49. MicroSectors Travel -3x Inverse Leveraged ETN shares last traded at $13.49, with a volume of 1,049 shares traded.

MicroSectors Travel -3x Inverse Leveraged ETN Stock Performance

The company has a market capitalization of $10.07 billion, a PE ratio of 39.78 and a beta of -4.09. The stock’s fifty day simple moving average is $19.08 and its 200-day simple moving average is $26.35.

MicroSectors Travel -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) 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. FLYD was launched on Jun 24, 2022 and is issued by REX Microsectors.

See Also

Receive News & Ratings for MicroSectors Travel -3x Inverse Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Travel -3x Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.