ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU) Shares Down 5.1% – Should You Sell?

Posted by Dante Gardener on Feb 7th, 2026

ProShares Ultra Nasdaq Cloud Computing ETF (NASDAQ:SKYU – Get Free Report) traded down 5.1% on Thursday . The company traded as low as $24.94 and last traded at $25.4660. 3,132 shares were traded during mid-day trading, an increase of 147% from the average session volume of 1,268 shares. The stock had previously closed at $26.83.

ProShares Ultra Nasdaq Cloud Computing ETF Price Performance

The stock’s 50-day moving average is $35.33 and its two-hundred day moving average is $37.16. The stock has a market cap of $1.36 million, a P/E ratio of 29.23 and a beta of 2.43.

ProShares Ultra Nasdaq Cloud Computing ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Wednesday, December 24th were paid a dividend of $0.1216 per share. The ex-dividend date of this dividend was Wednesday, December 24th. This is a boost from ProShares Ultra Nasdaq Cloud Computing ETF’s previous quarterly dividend of $0.08. This represents a $0.49 dividend on an annualized basis and a yield of 1.8%.

ProShares Ultra Nasdaq Cloud Computing ETF Company Profile

(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.