ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) Short Interest Update

Posted by Lauren Steadman on Sep 11th, 2026

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 332 shares, a decline of 78.6% from the August 15th total of 1,551 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 3,618 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On ProShares Ultra Nasdaq Cloud Computing ETF

A hedge fund recently raised its stake in ProShares Ultra Nasdaq Cloud Computing ETF stock. Citadel Advisors LLC raised its holdings in ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Free Report) by 156.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,506 shares of the company’s stock after purchasing an additional 23,506 shares during the quarter. Citadel Advisors LLC owned 9.45% of ProShares Ultra Nasdaq Cloud Computing ETF worth $308,000 as of its most recent SEC filing.

ProShares Ultra Nasdaq Cloud Computing ETF Price Performance

ProShares Ultra Nasdaq Cloud Computing ETF stock opened at $47.63 on Friday. The firm has a 50 day simple moving average of $44.74 and a 200-day simple moving average of $35.92. The stock has a market cap of $4.29 million, a price-to-earnings ratio of 29.23 and a beta of 2.54. ProShares Ultra Nasdaq Cloud Computing ETF has a 1-year low of $22.55 and a 1-year high of $55.90.

ProShares Ultra Nasdaq Cloud Computing ETF Company Profile

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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.