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

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totalling 200 shares, a drop of 33.3% from the August 31st total of 300 shares. Based on an average daily volume of 2,400 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Ultra Nasdaq Cloud Computing ETF Stock Performance

Shares of SKYU opened at $27.13 on Thursday. ProShares Ultra Nasdaq Cloud Computing ETF has a 12 month low of $14.38 and a 12 month high of $27.43. The stock’s 50-day moving average is $24.05 and its two-hundred day moving average is $23.98.

ProShares Ultra Nasdaq Cloud Computing ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th will be given a dividend of $0.0333 per share. The ex-dividend date is 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.