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MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
51.16 USD -7.85 (-13.308%) ⇩ (April 17, 2026, 1:33 p.m. EDT)
After hours: 51.21 +0.05 (0.091%) ⇧ (April 17, 2026, 6:22 p.m. EDT)

Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:33 p.m. EDT

High-conviction bearish signal driven by severe structural risk: BMO has announced upcoming reverse splits for FLYD. As a -3X leveraged inverse ETN, recent fund liquidations will severely erode trading volume and liquidity. The analyed price action shows a violent sequential decline (dropping from ~92.63 on 2026-03-30 to 63.40 on 2026-04-17, with the period ending near 51.16). The negative autocorrelation inherent in leveraged products combined with the liquidity crisis triggers here makes both short-term directional trading and long-term holding prohibitive risks.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.104966
MSTL0.105411
AutoETS0.105461
AutoTheta0.174843

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 45%
H-stat 7.60
Ljung-Box p 0.000
Jarque-Bera p 0.774
Excess Kurtosis -0.46
Attribute Value
Trailing P/E 9.54

Info Dump

Attribute Value
All Time High 2,800.0
All Time Low 30.63
Ask 78.59
Ask Size 300
Average Daily Volume10 Day 3,180
Average Daily Volume3 Month 2,595
Average Volume 2,595
Average Volume10Days 3,180
Beta3 Year -4.55
Bid 48.66
Bid Size 200
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 52.705
Day Low 50.01
Dividend Yield 0.0
Earnings Call Timestamp End 1,748,433,600
Earnings Call Timestamp Start 1,748,433,600
Earnings Timestamp End 1,756,470,600
Earnings Timestamp Start 1,756,125,000
Eps Trailing Twelve Months 5.3628345
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 74.06284
Fifty Day Average Change -22.899445
Fifty Day Average Change Percent -0.30918938
Fifty Two Week Change Percent -75.70608
Fifty Two Week High 216.2
Fifty Two Week High Change -165.03659
Fifty Two Week High Change Percent -0.7633515
Fifty Two Week Low 50.01
Fifty Two Week Low Change 1.1534004
Fifty Two Week Low Change Percent 0.023063397
Fifty Two Week Range 50.01 - 216.2
First Trade Date Milliseconds 1,655,904,600,000
Full Exchange Name NYSEArca
Fund Family BMO Capital Markets
Fund Inception Date 1,655,856,000
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Is Earnings Date Estimate 0
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The index is a net total return index that tracks the stock prices of U.S. listed securities thatare materially engaged in specified segments of the travel industry.
Long Name MicroSectors Travel -3X Inverse Leveraged ETNs
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_718940241
Nav Price 52.16299
Net Assets 8,135,733.0
Net Expense Ratio 0.95
Open 51.0
Post Market Change 0.04660034
Post Market Change Percent 0.0910814
Post Market Price 51.21
Post Market Time 1,776,464,521
Previous Close 59.0171
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -7.8537
Regular Market Change Percent -13.3075
Regular Market Day High 52.705
Regular Market Day Low 50.01
Regular Market Day Range 50.01 - 52.705
Regular Market Open 51.0
Regular Market Previous Close 59.0171
Regular Market Price 51.1634
Regular Market Time 1,776,447,196
Regular Market Volume 3,840
Short Name MicroSectors Travel -3x Inverse
Source Interval 15
Symbol FLYD
Three Year Average Return -0.59049433
Total Assets 8,135,733
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 9.540365
Trailing Peg Ratio None
Trailing Three Month Nav Returns 31.15031
Trailing Three Month Returns 31.15031
Triggerable 1
Two Hundred Day Average 71.68731
Two Hundred Day Average Change -20.52391
Two Hundred Day Average Change Percent -0.28629768
Type Disp ETF
Volume 3,840
Yield 0.0
Ytd Return 31.15031