ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report) dropped 0% during trading on Wednesday . The stock traded as low as $22.81 and last traded at $22.86. Approximately 345 shares traded hands during trading, a decline of 84% from the average daily volume of 2,114 shares. The stock had previously closed at $22.87.
ProShares Ultra Nasdaq Cloud Computing ETF Stock Performance
The stock’s 50-day simple moving average is $23.31 and its two-hundred day simple moving average is $23.21.
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.
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