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First Trust Cloud Computing ETF (NASDAQ:SKYY) Sees Significant Drop in Short-Term Interest

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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 …

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