First Trust Cloud Computing ETF (NASDAQ:SKYY – Get Rating) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 474,100 shares, a decrease of 41.7% from the April 15th total of 813,900 shares. Based on an average daily trading volume, of 657,900 shares, the days-to-cover ratio is currently 0.7 days.
Shares of SKYY stock traded up $4.14 on Friday, hitting $69.76. 567,346 shares of the company’s stock were exchanged, compared to its average volume of 672,828. First Trust Cloud Computing ETF has a 12 month low of $62.66 and a 12 month high of $119.99. The company has a 50 day moving average of $82.33 and a 200 day moving average of $94.37.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Monday, March 28th were given a dividend of $0.083 per share. The ex-dividend date was Friday, March 25th. This represents a $0.33 annualized dividend and a dividend yield of 0.48%.
- Get a free copy of the StockNews.com research report on First Trust Cloud Computing ETF (SKYY)
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