ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report)’s share price traded down 1.5% on Monday . The stock traded as low as $39.32 and last traded at $39.32. 3,496 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 2,631 shares. The stock had previously closed at $39.91.
ProShares Ultra Nasdaq Cloud Computing ETF Stock Down 1.5%
The company has a market cap of $3.54 million, a price-to-earnings ratio of 29.23 and a beta of 2.51. The company has a fifty day simple moving average of $31.98 and a two-hundred day simple moving average of $32.07.
ProShares Ultra Nasdaq Cloud Computing ETF Cuts Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th were issued a $0.0574 dividend. The ex-dividend date of this dividend was Wednesday, March 25th. This represents a $0.23 annualized dividend and a yield of 0.6%.
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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