ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Update

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the target of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 66.7% from the October 15th total of 300 shares. Based on an average daily volume of 1,200 shares, the short-interest ratio is currently 0.1 days.

ProShares Ultra Nasdaq Cybersecurity ETF Stock Performance

Shares of UCYB opened at $50.54 on Wednesday. The firm has a market cap of $4.55 million, a PE ratio of 24.20 and a beta of 1.67. ProShares Ultra Nasdaq Cybersecurity ETF has a 52-week low of $29.96 and a 52-week high of $50.55. The business’s 50 day moving average price is $44.34 and its two-hundred day moving average price is $41.27.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were given a dividend of $0.259 per share. The ex-dividend date was Wednesday, September 25th. This is an increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.14.

ProShares Ultra Nasdaq Cybersecurity ETF Company Profile

The ProShares Ultra Nasdaq Cybersecurity (UCYB) is an exchange-traded fund that is based on the Nasdaq CTA Cybersecurity index. The fund provides daily 2x leveraged exposure to a liquidity-weighted index that targets companies engaged in the global cybersecurity industry. UCYB was launched on Jan 19, 2021 and is managed by ProShares.