Procure Space ETF (NASDAQ:UFO) Short Interest Update

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

Procure Space ETF Price Performance

Procure Space ETF stock traded up $0.38 during mid-day trading on Thursday, reaching $24.30. The company had a trading volume of 22,776 shares, compared to its average volume of 55,057. The stock’s 50-day simple moving average is $23.42 and its 200-day simple moving average is $20.44. The company has a market capitalization of $55.40 million, a P/E 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 $25.65.

Procure Space ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 30th were issued a dividend of $0.237 per share. This is an increase from Procure Space ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, December 30th.

Institutional Trading of Procure Space ETF

Several large investors have recently modified their holdings of UFO. Flow Traders U.S. LLC acquired a new position in Procure Space ETF in the 3rd quarter valued at about $579,000. Principal Securities Inc. acquired a new stake in Procure Space ETF during the fourth quarter worth approximately $39,000. Finally, Walkner Condon Financial Advisors LLC purchased a new stake in Procure Space ETF in the 4th quarter worth approximately $402,000.

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.