ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) Short Interest Update

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 700 shares, an increase of 250.0% from the October 15th total of 200 shares. Based on an average trading volume of 3,100 shares, the days-to-cover ratio is currently 0.2 days.

ProShares Ultra Nasdaq Cloud Computing ETF Stock Down 1.0 %

Shares of ProShares Ultra Nasdaq Cloud Computing ETF stock traded down $0.36 during trading on Tuesday, reaching $36.78. 539 shares of the company were exchanged, compared to its average volume of 2,345. ProShares Ultra Nasdaq Cloud Computing ETF has a twelve month low of $16.69 and a twelve month high of $37.14. The business has a 50-day moving average price of $27.91 and a 200-day moving average price of $25.14.

ProShares Ultra Nasdaq Cloud Computing ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were issued a dividend of $0.0333 per share. The ex-dividend date of this dividend was Wednesday, September 25th.

ProShares Ultra Nasdaq Cloud Computing ETF Company Profile

The ProShares Ultra Cloud Computing (SKYU) is an exchange-traded fund that is based on the ISE Cloud Computing index. The fund provides 2x leveraged exposure to a modified-equally-weighted index of US companies in the cloud computing industry. SKYU was launched on Jan 19, 2021 and is managed by ProShares.