Short Interest in MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Increases By 98.1%
by Teresa Graham · The Cerbat GemMicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU – Get Free Report) was the target of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 636 shares, an increase of 98.1% from the January 15th total of 321 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 965 shares, the short-interest ratio is presently 0.7 days. Based on an average daily trading volume, of 965 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the company’s stock are sold short.
MicroSectors Travel 3x Leveraged ETN Stock Performance
NYSEARCA:FLYU traded down $1.07 during trading hours on Friday, hitting $42.57. 1,538 shares of the company’s stock traded hands, compared to its average volume of 1,065. The stock’s fifty day moving average price is $53.73 and its two-hundred day moving average price is $53.35. The firm has a market cap of $6.81 million, a P/E ratio of 12.08 and a beta of 4.85. MicroSectors Travel 3x Leveraged ETN has a twelve month low of $21.62 and a twelve month high of $69.90.
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.