MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Short Interest Update

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) saw a large growth in short interest in September. As of September 15th, there was short interest totaling 2,568 shares, a growth of 127.3% from the August 31st total of 1,130 shares. Approximately 1.6% of the company’s stock are short sold. Based on an average trading volume of 1,163 shares, the days-to-cover ratio is currently 2.2 days.

MicroSectors Travel 3x Leveraged ETN Stock Down 3.0%

Shares of FLYU stock traded down $1.06 during trading on Monday, reaching $33.76. The company’s stock had a trading volume of 626 shares, compared to its average volume of 1,887. The business has a fifty day moving average price of $44.45 and a 200-day moving average price of $43.21. The company has a market cap of $5.40 million, a price-to-earnings ratio of 12.08 and a beta of 4.37. MicroSectors Travel 3x Leveraged ETN has a one year low of $29.80 and a one year high of $61.99.

MicroSectors Travel 3x Leveraged ETN Company Profile

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.