Short Interest in MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYD) Rises By 377.0%

MicroSectors Travel -3x Inverse Leveraged ETN (NYSEARCA:FLYDGet Free Report) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 3,768 shares, a growth of 377.0% from the April 15th total of 790 shares. Based on an average trading volume of 3,527 shares, the short-interest ratio is currently 1.1 days. Approximately 18.8% of the company’s stock are sold short.

MicroSectors Travel -3x Inverse Leveraged ETN Stock Up 1.2%

NYSEARCA FLYD opened at $63.56 on Wednesday. MicroSectors Travel -3x Inverse Leveraged ETN has a 52 week low of $50.01 and a 52 week high of $116.30. The stock has a market capitalization of $1.27 million, a PE ratio of 12.79 and a beta of -4.03. The firm has a 50 day moving average of $71.75 and a two-hundred day moving average of $69.59.

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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