ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) Stock Price Up 0.9% – Still a Buy?

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYUGet Free Report)’s share price rose 0.9% on Thursday . The company traded as high as $29.26 and last traded at $29.26. Approximately 18 shares changed hands during trading, a decline of 99% from the average daily volume of 2,365 shares. The stock had previously closed at $28.99.

ProShares Ultra Nasdaq Cloud Computing ETF Trading Up 0.9 %

The stock’s fifty day simple moving average is $25.72 and its 200-day simple moving average is $24.30.

ProShares Ultra Nasdaq Cloud Computing ETF Announces Dividend

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