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

Posted by Mitch Edgeman on Jan 16th, 2026

Procure Space ETF (NASDAQ:UFO – Get Free Report) was the target of a significant drop in short interest in December. As of December 31st, there was short interest totaling 91,052 shares, a drop of 35.1% from the December 15th total of 140,369 shares. Approximately 1.9% of the shares of the stock are short sold. Based on an average trading volume of 312,047 shares, the days-to-cover ratio is presently 0.3 days. Based on an average trading volume of 312,047 shares, the days-to-cover ratio is presently 0.3 days. Approximately 1.9% of the shares of the stock are short sold.

Procure Space ETF Price Performance

Shares of NASDAQ:UFO traded up $1.37 during midday trading on Friday, reaching $47.36. 666,379 shares of the company’s stock were exchanged, compared to its average volume of 504,439. The stock has a market cap of $251.01 million, a price-to-earnings ratio of 18.98 and a beta of 1.24. Procure Space ETF has a fifty-two week low of $18.40 and a fifty-two week high of $47.82. The firm’s 50 day simple moving average is $37.26 and its two-hundred day simple moving average is $34.89.

Procure Space ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Monday, December 29th.

Institutional Trading of Procure Space ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. lifted its stake in shares of Procure Space ETF by 452.6% in the third 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 period. IFP Advisors Inc increased its stake in Procure Space ETF by 1,550.8% in the third 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. Comerica Bank acquired a new stake in shares of Procure Space ETF in the third quarter worth approximately $89,000. Centaurus Financial Inc. purchased a new stake in shares of Procure Space ETF during the 3rd quarter valued at $107,000. Finally, Smith Shellnut Wilson LLC ADV acquired a new stake in Procure Space ETF during the second quarter worth about $213,000.

Procure Space ETF Company Profile

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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.