ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report) was the target of a significant decline in short interest during the month of December. As of December 31st, there was short interest totalling 1,400 shares, a decline of 62.2% from the December 15th total of 3,700 shares. Based on an average daily trading volume, of 3,800 shares, the short-interest ratio is currently 0.4 days.
ProShares Ultra Nasdaq Cloud Computing ETF Price Performance
Shares of NASDAQ:SKYU traded up $0.93 on Tuesday, hitting $35.66. The company had a trading volume of 2,780 shares, compared to its average volume of 3,488. ProShares Ultra Nasdaq Cloud Computing ETF has a 1-year low of $18.45 and a 1-year high of $43.79. The stock has a 50 day moving average price of $37.73 and a 200 day moving average price of $29.80.
ProShares Ultra Nasdaq Cloud Computing ETF Increases Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.0419 dividend. This is an increase from ProShares Ultra Nasdaq Cloud Computing ETF’s previous dividend of $0.03. The ex-dividend date was Monday, December 23rd.
About ProShares Ultra Nasdaq Cloud Computing ETF
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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