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

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) saw a significant decrease in short interest in December. As of December 15th, there was short interest totalling 3,700 shares, a decrease of 35.1% from the November 30th total of 5,700 shares. Based on an average daily trading volume, of 4,300 shares, the short-interest ratio is presently 0.9 days.

ProShares Ultra Nasdaq Cloud Computing ETF Trading Down 3.6 %

SKYU traded down $1.41 during trading on Friday, reaching $37.42. 2,818 shares of the company’s stock were exchanged, compared to its average volume of 2,728. ProShares Ultra Nasdaq Cloud Computing ETF has a one year low of $18.45 and a one year high of $43.79. The firm has a fifty day moving average price of $36.08 and a two-hundred day moving average price of $28.71.

ProShares Ultra Nasdaq Cloud Computing ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be paid a $0.0419 dividend. This is a boost from ProShares Ultra Nasdaq Cloud Computing ETF’s previous dividend of $0.03. The ex-dividend date of this dividend is Monday, December 23rd.

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.