ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) Trading Up 0.5% – Here’s Why

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYUGet Free Report) shares shot up 0.5% during mid-day trading on Friday . The company traded as high as $35.65 and last traded at $35.65. 1,240 shares traded hands during trading, a decline of 47% from the average session volume of 2,336 shares. The stock had previously closed at $35.48.

ProShares Ultra Nasdaq Cloud Computing ETF Price Performance

The business’s fifty day moving average price is $27.46 and its 200 day moving average price is $24.92.

ProShares Ultra Nasdaq Cloud Computing ETF Dividend Announcement

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

About ProShares Ultra Nasdaq Cloud Computing ETF

(Get Free Report)

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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