MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Shares Scheduled to Reverse Split on Tuesday, February 24th

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD)’s stock is going to reverse split on Tuesday, February 24th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, February 23rd.

MicroSectors Travel -3x Inverse Leveraged ETN Price Performance

Shares of FLYD stock opened at $7.20 on Friday. MicroSectors Travel -3x Inverse Leveraged ETN has a 12 month low of $5.38 and a 12 month high of $33.47. The company’s fifty day moving average price is $6.33 and its two-hundred day moving average price is $6.98. The firm has a market capitalization of $1.44 million, a P/E ratio of 12.79 and a beta of -4.38.

About MicroSectors Travel -3x Inverse Leveraged ETN

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.