Short Interest in MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Expands By 69.2%

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYUGet Free Report) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 2,355 shares, a growth of 69.2% from the July 15th total of 1,392 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 882 shares, the short-interest ratio is currently 2.7 days.

MicroSectors Travel 3x Leveraged ETN Price Performance

Shares of NYSEARCA FLYU traded down $3.09 during midday trading on Monday, hitting $50.33. 413 shares of the company’s stock were exchanged, compared to its average volume of 2,059. The company has a market cap of $8.05 million, a PE ratio of 12.08 and a beta of 4.39. MicroSectors Travel 3x Leveraged ETN has a twelve month low of $29.80 and a twelve month high of $63.47. The firm’s fifty day simple moving average is $49.04 and its 200-day simple moving average is $43.97.

MicroSectors Travel 3x Leveraged ETN Company Profile

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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.

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