MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Short Interest Update
by Jessica Moore · The Cerbat GemMicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU – Get Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 15,049 shares, a growth of 455.5% from the March 15th total of 2,709 shares. Based on an average daily trading volume, of 5,349 shares, the short-interest ratio is presently 2.8 days. Approximately 9.4% of the company’s shares are sold short.
MicroSectors Travel 3x Leveraged ETN Stock Down 1.9%
Shares of FLYU traded down $0.75 during mid-day trading on Friday, hitting $37.81. 407 shares of the company’s stock traded hands, compared to its average volume of 2,940. MicroSectors Travel 3x Leveraged ETN has a 1 year low of $23.81 and a 1 year high of $63.47. The firm has a market capitalization of $6.05 million, a P/E ratio of 12.08 and a beta of 4.77. The business’s 50-day moving average price is $39.99 and its 200-day moving average price is $48.04.
About MicroSectors Travel 3x Leveraged ETN
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.