ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report) dropped 1.5% during trading on Monday . The stock traded as low as $39.32 and last traded at $39.32. Approximately 3,496 shares changed hands during trading, an increase of 33% from the average daily volume of 2,631 shares. The stock had previously closed at $39.91.
ProShares Ultra Nasdaq Cloud Computing ETF Trading Down 3.9%
The firm has a market capitalization of $3.23 million, a price-to-earnings ratio of 29.23 and a beta of 2.51. The stock’s fifty day moving average price is $32.26 and its two-hundred day moving average price is $32.08.
ProShares Ultra Nasdaq Cloud Computing ETF Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th were given a dividend of $0.0574 per share. This represents a $0.23 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Wednesday, March 25th.
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.
Read More
- Five stocks we like better than ProShares Ultra Nasdaq Cloud Computing ETF
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Receive News & Ratings for ProShares Ultra Nasdaq Cloud Computing ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Nasdaq Cloud Computing ETF and related companies with MarketBeat.com's FREE daily email newsletter.
