Procure Space ETF (NASDAQ:UFO) Sees Significant Drop in Short Interest

Posted by Latisha Jones on May 16th, 2026

Procure Space ETF (NASDAQ:UFO – Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 263,434 shares, a decrease of 68.1% from the April 15th total of 824,838 shares. Based on an average daily volume of 1,013,794 shares, the short-interest ratio is presently 0.3 days. Currently, 1.8% of the shares of the company are sold short.

Procure Space ETF Trading Down 3.0%

Procure Space ETF stock opened at $56.25 on Friday. Procure Space ETF has a 12 month low of $23.69 and a 12 month high of $58.33. The stock’s 50 day simple moving average is $49.63 and its two-hundred day simple moving average is $43.44. The firm has a market cap of $816.75 million, a PE ratio of 18.98 and a beta of 1.23.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Global Retirement Partners LLC purchased a new position in shares of Procure Space ETF during the 4th quarter valued at approximately $30,000. Geneos Wealth Management Inc. raised its stake in Procure Space ETF by 452.6% in the 3rd quarter. Geneos Wealth Management Inc. now owns 1,050 shares of the company’s stock valued at $37,000 after purchasing an additional 860 shares during the last quarter. Banque Cantonale Vaudoise acquired a new position in Procure Space ETF in the 1st quarter valued at $42,000. Evolution Wealth Management Inc. acquired a new position in Procure Space ETF in the 1st quarter valued at $46,000. Finally, IFP Advisors Inc raised its stake in Procure Space ETF by 1,550.8% in the 3rd quarter. IFP Advisors Inc now owns 1,948 shares of the company’s stock valued at $69,000 after purchasing an additional 1,830 shares during the last quarter.

Procure Space ETF Company Profile

(Get Free Report)

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.