ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) Stock Cross Above 200 Day Moving Average – Should You Sell?

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYUGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $26.77 and traded as high as $41.82. ProShares Ultra Nasdaq Cloud Computing ETF shares last traded at $41.00, with a volume of 9,544 shares changing hands.

ProShares Ultra Nasdaq Cloud Computing ETF Price Performance

The stock’s 50-day simple moving average is $32.68 and its 200-day simple moving average is $27.00.

ProShares Ultra Nasdaq Cloud Computing ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Wednesday, September 25th were paid a $0.0333 dividend. The ex-dividend date of this dividend was Wednesday, September 25th.

About ProShares Ultra Nasdaq Cloud Computing ETF

(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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