MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) Short Interest Update

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 826 shares, a drop of 64.9% from the July 30th total of 2,355 shares. Based on an average daily trading volume, of 750 shares, the short-interest ratio is presently 1.1 days. Approximately 0.5% of the shares of the stock are short sold.

MicroSectors Travel 3x Leveraged ETN Price Performance

Shares of FLYU stock traded up $0.48 during midday trading on Friday, reaching $47.00. 59 shares of the company traded hands, compared to its average volume of 1,965. The firm’s 50 day simple moving average is $49.74 and its two-hundred day simple moving average is $44.03. MicroSectors Travel 3x Leveraged ETN has a 1-year low of $29.80 and a 1-year high of $62.03. The firm has a market cap of $7.52 million, a PE ratio of 12.08 and a beta of 4.39.

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.