ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Short Interest Up 100.0% in June

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a significant increase in short interest in June. As of June 15th, there was short interest totalling 800 shares, an increase of 100.0% from the May 31st total of 400 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is presently 0.5 days.

ProShares Ultra Nasdaq Cybersecurity ETF Price Performance

UCYB traded up $0.23 during trading on Friday, reaching $40.30. 1,909 shares of the stock were exchanged, compared to its average volume of 2,719. The business’s 50 day moving average price is $38.66 and its two-hundred day moving average price is $40.43. The company has a market capitalization of $3.63 million, a price-to-earnings ratio of 24.20 and a beta of 1.67. ProShares Ultra Nasdaq Cybersecurity ETF has a 1 year low of $26.39 and a 1 year high of $48.15.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 3rd. Shareholders of record on Wednesday, June 26th will be given a dividend of $0.3057 per share. This represents a $1.22 dividend on an annualized basis and a yield of 3.03%. This is an increase from ProShares Ultra Nasdaq Cybersecurity ETF’s previous quarterly dividend of $0.16. The ex-dividend date is Wednesday, June 26th.

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.