MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Short Interest Update

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYDGet Free Report) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 2,028 shares, a growth of 79.0% from the June 15th total of 1,133 shares. Based on an average trading volume of 2,517 shares, the days-to-cover ratio is currently 0.8 days. Currently, 10.1% of the shares of the company are short sold.

MicroSectors Travel -3x Inverse Leveraged ETN Trading Down 1.4%

Shares of FLYD stock opened at $44.90 on Friday. The company has a market capitalization of $898,000.00, a P/E ratio of 12.79 and a beta of -3.94. The business’s 50 day moving average is $51.53 and its two-hundred day moving average is $62.66. MicroSectors Travel -3x Inverse Leveraged ETN has a twelve month low of $40.17 and a twelve month high of $93.01.

About MicroSectors Travel -3x Inverse Leveraged ETN

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The MicroSectors Travel -3x Inverse Leveraged ETN (FLYD) 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. FLYD was launched on Jun 24, 2022 and is issued by REX Microsectors.

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