MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Sees Large Volume Increase – Time to Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) shares saw unusually-strong trading volume on Friday . Approximately 1,523 shares were traded during mid-day trading, a decline of 6% from the previous session’s volume of 1,616 shares.The stock last traded at $56.82 and had previously closed at $56.96.

MicroSectors Travel 3x Leveraged ETN Stock Up 0.6 %

The firm has a market cap of $41.77 billion, a PE ratio of 13.08 and a beta of 4.09. The company’s fifty day moving average price is $61.06 and its two-hundred day moving average price is $47.05.

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.

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