MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Stock Short Interest Drops 40.4%

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU – Get Free Report) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 1,531 shares, a decline of 40.4% from the September 15th total of 2,568 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily volume of 1,307 shares, the days-to-cover ratio is presently 1.2 days.

MicroSectors Travel 3x Leveraged ETN Trading Down 5.0%

FLYU stock traded down $1.83 during midday trading on Friday, reaching $34.46. 1,158 shares of the company’s stock traded hands, compared to its average volume of 1,839. The stock’s 50-day moving average is $40.62 and its 200 day moving average is $43.12. The stock has a market cap of $5.51 million, a P/E ratio of 12.08 and a beta of 4.40. MicroSectors Travel 3x Leveraged ETN has a 52-week low of $29.80 and a 52-week high of $61.99.

MicroSectors Travel 3x Leveraged ETN Company Profile

(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.

Featured Stories

Receive News & Ratings for MicroSectors Travel 3x 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 Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.