First Trust Cloud Computing ETF (NASDAQ:SKYY) Short Interest Up 22.2% in February

First Trust Cloud Computing ETF (NASDAQ:SKYY) was the recipient of a large increase in short interest in February. As of February 15th, there was short interest totalling 223,500 shares, an increase of 22.2% from the January 31st total of 182,900 shares. Based on an average daily volume of 232,100 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On First Trust Cloud Computing ETF

Several institutional investors have recently bought and sold shares of SKYY. US Bancorp DE boosted its holdings in First Trust Cloud Computing ETF by 8.2% in the 3rd quarter. US Bancorp DE now owns 6,220 shares of the company’s stock worth $636,000 after buying an additional 472 shares during the last quarter. Beacon Financial Advisory LLC boosted its holdings in First Trust Cloud Computing ETF by 11.7% in the 3rd quarter. Beacon Financial Advisory LLC now owns 4,211 shares of the company’s stock worth $431,000 after buying an additional 440 shares during the last quarter. Assetmark Inc. boosted its holdings in First Trust Cloud Computing ETF by 88.8% in the 3rd quarter. Assetmark Inc. now owns 20,949 shares of the company’s stock worth $2,142,000 after buying an additional 9,854 shares during the last quarter. Atria Investments Inc boosted its holdings in shares of First Trust Cloud Computing ETF by 4.0% during the 3rd quarter. Atria Investments Inc now owns 13,638 shares of the company’s stock worth $1,395,000 after purchasing an additional 528 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC boosted its holdings in shares of First Trust Cloud Computing ETF by 0.9% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 31,300 shares of the company’s stock worth $3,201,000 after purchasing an additional 287 shares during the last quarter.

First Trust Cloud Computing ETF Stock Up 1.7 %

Shares of First Trust Cloud Computing ETF stock opened at $116.45 on Thursday. First Trust Cloud Computing ETF has a twelve month low of $83.45 and a twelve month high of $131.54. The business has a 50-day moving average price of $123.68 and a 200 day moving average price of $114.41. The firm has a market cap of $3.58 billion, a PE ratio of 32.02 and a beta of 1.06.

About First Trust Cloud Computing ETF

The First Trust Cloud Computing ETF (SKYY) is an exchange-traded fund that is based on the ISE Cloud Computing index. The fund tracks an index of companies involved in the cloud computing industry. Stocks are modified-equally-weighted capped at 4.5%. SKYY was launched on Jul 5, 2011 and is managed by First Trust.