ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report) were down 1.2% during trading on Monday . The company traded as low as $24.64 and last traded at $24.89. Approximately 17,281 shares were traded during mid-day trading, an increase of 670% from the average daily volume of 2,245 shares. The stock had previously closed at $25.19.
ProShares Ultra Nasdaq Cloud Computing ETF Price Performance
The firm has a 50-day moving average of $23.62 and a 200 day moving average of $23.90.
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.
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