First Trust Cloud Computing ETF (NASDAQ:SKYY) Sees Significant Drop in Short-Term Interest
The First Trust Cloud Computing ETF (NASDAQ:SKYY – Get Rating) benefited from a significant drop in short-term interest rates in November. As of November 15, there was short interest totaling 216,400 shares, a decrease of 20.2% from the total of 271,200 shares as of October 31. Based on an average daily trading volume of 459,500 …