ProShares Ultra Cloud Computing (NASDAQ:SKYU) Trading Up 3.5%

ProShares Ultra Cloud Computing (NASDAQ:SKYUGet Free Report)’s stock price rose 3.5% on Monday . The stock traded as high as $23.57 and last traded at $23.57. Approximately 273 shares traded hands during trading, a decline of 88% from the average daily volume of 2,350 shares. The stock had previously closed at $22.78.

ProShares Ultra Cloud Computing Stock Up 3.5 %

The business has a fifty day simple moving average of $24.27 and a 200 day simple moving average of $21.73.

About ProShares Ultra Cloud Computing

(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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