ProShares Ultra Cloud Computing (NASDAQ:SKYU – Get Rating) shares were down 1.9% during trading on Tuesday . The stock traded as low as $12.65 and last traded at $12.79. Approximately 2,917 shares were traded during mid-day trading, an increase of 16% from the average daily volume of 2,523 shares. The stock had previously closed at $13.04.

ProShares Ultra Cloud Computing Price Performance

The company has a 50-day moving average of $12.28 and a 200 day moving average of $12.88.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares Ultra Cloud Computing stock. UBS Group AG raised its holdings in shares of ProShares Ultra Cloud Computing (NASDAQ:SKYU – Get Rating) by 1,123.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,162 shares of the company's stock after buying an additional 4,740 shares during the period. UBS Group AG owned about 3.97% of ProShares Ultra Cloud Computing worth $55,000 at the end of the most recent reporting period.

Further Reading

• Get a free copy of the StockNews.com research report on ProShares Ultra Cloud Computing (SKYU)
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