ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) Sees Significant Drop in Short Interest

ProShares Ultra Nasdaq Cybersecurity ETF (NASDAQ:UCYB) saw a large decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 66.7% from the October 15th total of 300 shares. Based on an average daily trading volume, of 1,200 shares, the days-to-cover ratio is presently 0.1 days.

ProShares Ultra Nasdaq Cybersecurity ETF Trading Up 0.1 %

Shares of ProShares Ultra Nasdaq Cybersecurity ETF stock opened at $50.54 on Wednesday. ProShares Ultra Nasdaq Cybersecurity ETF has a 1-year low of $29.96 and a 1-year high of $50.55. The company has a market cap of $4.55 million, a PE ratio of 24.20 and a beta of 1.67. The company has a 50 day moving average of $44.34 and a 200-day moving average of $41.27.

ProShares Ultra Nasdaq Cybersecurity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Wednesday, September 25th were paid a $0.259 dividend. This is a positive change from ProShares Ultra Nasdaq Cybersecurity ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Wednesday, September 25th.

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.