Procure Space ETF (NASDAQ:UFO) Short Interest Up 103.2% in February

Procure Space ETF (NASDAQ:UFO) was the recipient of a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 12,600 shares, a growth of 103.2% from the January 31st total of 6,200 shares. Based on an average daily trading volume, of 60,900 shares, the short-interest ratio is currently 0.2 days.

Procure Space ETF Stock Up 0.6 %

Shares of NASDAQ UFO traded up $0.15 during trading on Friday, reaching $23.53. The company had a trading volume of 122,915 shares, compared to its average volume of 77,644. The company’s fifty day moving average price is $24.11 and its 200-day moving average price is $21.59. Procure Space ETF has a 12 month low of $15.09 and a 12 month high of $26.36. The stock has a market cap of $55.30 million, a P/E ratio of 15.75 and a beta of 1.10.

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 $0.237 dividend. The ex-dividend date was Monday, December 30th. This is a positive change from Procure Space ETF’s previous dividend of $0.04.

Institutional Investors Weigh In On Procure Space ETF

A number of institutional investors have recently made changes to their positions in UFO. Stifel Financial Corp bought a new stake in shares of Procure Space ETF during the 4th quarter valued at about $1,605,000. Flow Traders U.S. LLC bought a new stake in shares of Procure Space ETF during the 3rd quarter valued at about $579,000. Walkner Condon Financial Advisors LLC bought a new stake in shares of Procure Space ETF during the 4th quarter valued at about $402,000. Raymond James Financial Inc. bought a new stake in shares of Procure Space ETF during the 4th quarter valued at about $222,000. Finally, Principal Securities Inc. bought a new stake in shares of Procure Space ETF during the 4th quarter valued at about $39,000.

Procure Space ETF Company Profile

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.