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

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) was the recipient of a large 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 daily volume of 3,100 shares, the days-to-cover ratio is presently 0.2 days.

ProShares Ultra Nasdaq Cloud Computing ETF Trading Down 1.0 %

Shares of ProShares Ultra Nasdaq Cloud Computing ETF stock traded down $0.36 during trading hours on Tuesday, hitting $36.78. 539 shares of the company’s stock traded hands, compared to its average volume of 2,345. ProShares Ultra Nasdaq Cloud Computing ETF has a 12-month low of $16.69 and a 12-month high of $37.14. The company has a fifty day simple moving average of $27.91 and a 200-day simple moving average of $25.14.

ProShares Ultra Nasdaq Cloud Computing ETF Dividend Announcement

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

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.