ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) Short Interest Up 256.3% in November

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) was the recipient of a significant growth in short interest in the month of November. As of November 30th, there was short interest totalling 5,700 shares, a growth of 256.3% from the November 15th total of 1,600 shares. Based on an average daily trading volume, of 3,900 shares, the days-to-cover ratio is presently 1.5 days.

ProShares Ultra Nasdaq Cloud Computing ETF Stock Up 3.5 %

NASDAQ:SKYU traded up $1.40 during trading hours on Wednesday, hitting $40.98. The stock had a trading volume of 3,835 shares, compared to its average volume of 2,648. ProShares Ultra Nasdaq Cloud Computing ETF has a 1-year low of $18.45 and a 1-year high of $43.79. The business has a 50 day simple moving average of $33.25 and a two-hundred day simple moving average of $27.25.

ProShares Ultra Nasdaq Cloud Computing ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were issued a $0.0333 dividend. The ex-dividend date was Wednesday, September 25th.

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.