No headlines found.
PRNewswire (Thu, 12-Feb 4:00 PM ET)
The return on the MicroSectors Travel -3X Inverse Leveraged ETNs (the "-3X ETNs") is linked to a three times inverse leveraged participation in the performance of the MerQube MicroSectors U.S. Travel Index (the "Index"), compounded daily, minus the applicable fees. The -3X ETNs provide inverse levered exposure to the Index. The Index is a total return index that tracks the stock prices of U.S. domiciled and listed securities that are materially engaged in specified segments of the travel industry. The -3X ETNs seek a return on the underlying index for a single day. The -3X ETNs are not "buy and hold" investments and should not be expected to provide an inverse leveraged return of the underlying index's cumulative return for periods greater than a day.
Microsectors Travel -3X Inverse Leveraged ETN trades on the ARCA stock market under the symbol FLYD.
As of April 8, 2026, FLYD stock price declined to $69.92 with 5,523 million shares trading.
FLYD has a market cap of $6.99 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, FLYD traded as high as $832.63 and as low as $53.80.
FLYD has underperformed the market in the last year with a price return of -76.2% while the SPY ETF gained +35.5%. However, in the short term, FLYD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +24.2% vs -1.7% return in SPY. But in the last 2 weeks, FLYD shares have been beat by the market, returning -13.8% compared to an SPY return of +3.5%.
FLYD support price is $74.19 and resistance is $84.22 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FLYD shares will trade within this expected range on the day.
