21-Aug-2026
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ProShares Launches SKHU ETF Targeting 2x Daily Returns of SK hynix
Business Wire (Tue, 14-Jul 7:00 AM ET)
ProShares Ultra SK hynix (the "Fund") seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the American Depositary Receipt ("ADR") of SK hynix Inc. (NASDAQ: SKHY). The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. Under normal circumstances, the Fund will invest at least 80% of the Fund's assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. SK hynix Inc. is a memory semiconductor company that engages in the design, manufacture and sale of advanced memory semiconductors, including dynamic random access memory ("DRAM"), which includes high-bandwidth memory ("HBM"), and Not-AND ("NAND") flash memory.
ProShares Ultra Sk Hynix ETF trades on the ARCA stock market under the symbol SKHU.
As of August 21, 2026, SKHU stock price climbed to $18.37 with 416,466 million shares trading.
SKHU has a market cap of $83.58 million. This is considered a Micro Cap stock.
SKHU support price is $16.01 and resistance is $20.65 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SKHU shares will trade within this expected range on the day.