Short Interest in Procure Space ETF (NASDAQ:UFO) Decreases By 96.0%

Posted by Defense World Staff on Mar 13th, 2025

Procure Space ETF (NASDAQ:UFO – Get Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 500 shares, a drop of 96.0% from the February 13th total of 12,600 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 74,500 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of Procure Space ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in UFO. Flow Traders U.S. LLC bought a new stake in Procure Space ETF during the 3rd quarter valued at approximately $579,000. Walkner Condon Financial Advisors LLC bought a new stake in Procure Space ETF during the 4th quarter valued at approximately $402,000. Principal Securities Inc. bought a new stake in Procure Space ETF during the 4th quarter valued at approximately $39,000. Raymond James Financial Inc. bought a new stake in Procure Space ETF during the 4th quarter valued at approximately $222,000. Finally, Stifel Financial Corp bought a new stake in Procure Space ETF during the 4th quarter valued at approximately $1,605,000.

Procure Space ETF Stock Up 0.1 %

NASDAQ UFO opened at $22.57 on Thursday. The stock’s 50-day moving average price is $24.05 and its 200-day moving average price is $21.83. Procure Space ETF has a 52 week low of $15.09 and a 52 week high of $26.37. The company has a market capitalization of $53.04 million, a P/E ratio of 15.75 and a beta of 1.10.

Procure Space ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 30th were paid a $0.237 dividend. The ex-dividend date was Monday, December 30th. This is an increase from Procure Space ETF’s previous dividend of $0.04.

About Procure Space ETF

(Get Free Report)

The Procure Space ETF (UFO) is an exchange-traded fund that is based on the S-Network Space index. The fund tracks a tier-weighted index of aerospace companies located globally. UFO was launched on Apr 11, 2019 and is managed by ProcureAM.