Procure Space ETF (NASDAQ:UFO) Sees Significant Growth in Short Interest

Procure Space ETF (NASDAQ:UFO) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totalling 2,300 shares, a growth of 109.1% from the June 15th total of 1,100 shares. Based on an average daily volume of 6,600 shares, the days-to-cover ratio is presently 0.3 days.

Procure Space ETF Stock Up 2.2 %

UFO stock opened at $16.72 on Friday. Procure Space ETF has a 52 week low of $15.06 and a 52 week high of $20.50. The company has a fifty day simple moving average of $16.02 and a two-hundred day simple moving average of $16.54. The firm has a market capitalization of $32.10 million, a P/E ratio of 10.18 and a beta of 1.10.

Procure Space ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a $0.0422 dividend. The ex-dividend date of this dividend was Thursday, June 27th.

Procure Space ETF Company Profile

The Procure Space ETF (UFO) is an exchange-traded fund that is based on the S-Network Space index. The fund tracks a tier-weighted index of aerospace companies located globally. UFO was launched on Apr 11, 2019 and is managed by ProcureAM.