ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report)’s share price rose 1.9% during mid-day trading on Monday . The company traded as high as $33.80 and last traded at $33.79. Approximately 20 shares were traded during trading, a decline of 99% from the average daily volume of 2,604 shares. The stock had previously closed at $33.17.
ProShares Ultra Nasdaq Cloud Computing ETF Stock Up 1.9%
The company has a market cap of $3.04 million, a PE ratio of 29.23 and a beta of 2.13. The stock’s 50 day moving average is $33.27 and its 200-day moving average is $31.12.
About ProShares Ultra Nasdaq Cloud Computing ETF
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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