MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Shares Gap Up – Should You Buy?

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) gapped up before the market opened on Monday . The stock had previously closed at $50.20, but opened at $52.78. MicroSectors Travel 3x Leveraged ETN shares last traded at $52.78, with a volume of 453 shares traded.

MicroSectors Travel 3x Leveraged ETN Trading Up 3.4 %

The stock has a market capitalization of $39.56 billion, a price-to-earnings ratio of 13.08 and a beta of 4.09. The business has a 50 day simple moving average of $40.79 and a 200-day simple moving average of $40.60.

MicroSectors Travel 3x Leveraged ETN Company Profile

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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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