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

MicroSectors Travel 3x Leveraged ETN (NYSEARCA:FLYU) was the recipient of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 636 shares, an increase of 98.1% from the January 15th total of 321 shares. Based on an average daily volume of 965 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 965 shares, the days-to-cover ratio is presently 0.7 days.

MicroSectors Travel 3x Leveraged ETN Stock Down 6.9%

Shares of NYSEARCA FLYU opened at $43.64 on Friday. MicroSectors Travel 3x Leveraged ETN has a 52 week low of $21.62 and a 52 week high of $69.90. The business’s 50 day moving average price is $53.92 and its 200 day moving average price is $53.48. The firm has a market cap of $6.98 million, a P/E ratio of 12.08 and a beta of 4.85.

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.