Procure Space ETF (NASDAQ:UFO) Short Interest Down 94.6% in December

Procure Space ETF (NASDAQ:UFO) saw a large decrease in short interest in December. As of December 31st, there was short interest totalling 14,300 shares, a decrease of 94.6% from the December 15th total of 265,800 shares. Based on an average daily trading volume, of 30,000 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Procure Space ETF

A hedge fund recently bought a new stake in Procure Space ETF stock. Flow Traders U.S. LLC bought a new stake in Procure Space ETF (NASDAQ:UFO) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 30,128 shares of the company’s stock, valued at approximately $579,000. Flow Traders U.S. LLC owned 1.65% of Procure Space ETF as of its most recent SEC filing.

Procure Space ETF Trading Up 1.9 %

Procure Space ETF stock traded up $0.41 during mid-day trading on Wednesday, hitting $22.48. The company’s stock had a trading volume of 16,051 shares, compared to its average volume of 52,312. The firm has a market capitalization of $49.46 million, a PE ratio of 10.18 and a beta of 1.10. Procure Space ETF has a 1 year low of $15.09 and a 1 year high of $24.72. The stock’s fifty day moving average is $22.80 and its two-hundred day moving average is $19.87.

Procure Space ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were given a dividend of $0.237 per share. The ex-dividend date was Monday, December 30th. This is a boost from Procure Space ETF’s previous dividend of $0.04.

About Procure Space ETF

The Procure Space ETF (UFO) is an exchange-traded fund that is based on the S-Network Space index. The fund tracks a tier-weighted index of aerospace companies located globally. UFO was launched on Apr 11, 2019 and is managed by ProcureAM.