ProShares Ultra Cloud Computing (NASDAQ:SKYU) Trading 3.5% Higher

ProShares Ultra Cloud Computing (NASDAQ:SKYUGet Free Report)’s stock price traded up 3.5% on Monday . The company traded as high as $23.57 and last traded at $23.57. 273 shares were traded during trading, a decline of 88% from the average session volume of 2,350 shares. The stock had previously closed at $22.78.

ProShares Ultra Cloud Computing Price Performance

The business has a fifty day moving average of $24.27 and a 200-day moving average of $21.73.

About ProShares Ultra Cloud Computing

(Get Free Report)

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.

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