Short Interest in ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Expands By 53.8%

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 2,000 shares, a growth of 53.8% from the February 13th total of 1,300 shares. Based on an average trading volume of 2,500 shares, the short-interest ratio is presently 0.8 days. Currently, 2.2% of the shares of the stock are short sold.

ProShares Ultra Nasdaq Cybersecurity ETF Price Performance

Shares of NASDAQ UCYB opened at $48.42 on Friday. ProShares Ultra Nasdaq Cybersecurity ETF has a fifty-two week low of $34.14 and a fifty-two week high of $61.04. The stock has a market capitalization of $4.36 million, a PE ratio of 24.20 and a beta of 1.67. The business has a fifty day moving average price of $52.38 and a two-hundred day moving average price of $48.42.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a dividend of $0.3539 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.26.

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.